Volkswagen plans to close ‘at least’ 3 German plants and lay off ...
Oct 28, 2024 · Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
‘A very serious situation’: Volkswagen could close plants in Germany …
Sep 2, 2024 · Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle...
Volkswagen says cost cuts are urgently needed ... - Associated Press News
Oct 30, 2024 · Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces employee representatives angry at the possibility of the automaker’s first plant closures in Germany.
VW labour chief sounds alarm on mass layoffs and three German …
WOLFSBURG, Germany, Oct 28 (Reuters) - Volkswagen (VOWG_p.DE) plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's...
Volkswagen plans to shut factories and lay off tens of ... - Sky News
Oct 28, 2024 · Volkswagen is planning to shut at least three factories in Germany and lay off tens of thousands of staff. Its remaining plants in Germany are also set to be downsized, according to the head of the company's works council Daniela Cavallo.
Volkswagen May Close German Plants for First Time in Its History
Oct 28, 2024 · Volkswagen could shut down as many as three factories in Germany and lay off tens of thousands of workers as it seeks to regain its edge in Europe amid slumping sales and increased competition...
Volkswagen set to close three German factories and axe
Oct 28, 2024 · Volkswagen's management wants to close at least three plants, cut tens of thousands of jobs, and also slash pay by 10% for remaining staff, according to a statement from staff representatives.
Volkswagen's employee council says the ... - Associated Press News
Oct 28, 2024 · Employee council chief Daniela Cavallo said at a meeting with Volkswagen workers at the company’s Wolfsburg headquarters that management also plans cuts at other sites, and pledged to resist the plans, German news agency dpa reported.
Volkswagen considers first closure of a German auto plant | AP News
Sep 8, 2024 · FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history, saying it otherwise won’t meet the cost-cutting goals it needs to remain competitive.
Reactions to Volkswagen labour chief warning of mass layoffs, …
LONDON, Oct 28 (Reuters) - Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it...