Latest editorial
Workers vow to fight plans by Volkswagen to cut jobs and close plants in Germany
Volkswagen’s headquarters in Wolfsburg, Germany, December 9, 2021
VOLKSWAGEN workers have vowed to fight plans for job cuts and plant closures announced by the German car-maker.
Germany’s biggest company claims that it needs to save €4 billion (£3bn) and says that the existing job security plan agreed in 1994, which involves severance packages and reduced contracts, was not going to be sufficient to make the savings.
On Monday, Volkswagen chief executive Oliver Blume said: “The European car industry currently finds itself in a challenging and serious position.
Similar stories
NICK WRIGHT returns to Berlin and finds a city in darkness and political turmoil
With both nations blasting Brussels for failing to secure their energy needs and mishandling first the Ukraine war and now the US tariff crisis, this joint statement signals trouble ahead for the EU’s geopolitical aims, reports RAINER RUPP
