Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
BERLIN — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings ...
and potential plant closures, VW’s management faces an uphill battle to balance the company’s financial health with the well-being of its workforce. How Volkswagen handles these restructuring ...
Rank-and-file committees among autoworkers in both North America and Europe must be expanded to include every key factory, ...
This economic blow came as worker unions threatened strikes over proposed factory closures and restructuring plans in Germany.
Volkswagen and its unions are in heated talks over the company's plans for plant closures and significant job cuts in Germany ...
Volkswagen plans to close at least three factories in Germany and lay off tens of thousands of employees. According to SEB ...
Volkswagen said in early September that auto industry headwinds mean it can’t rule out plant closures in its home country, and must drop a job protection pledge in force since 1994 that would ...
BERLIN (AP) — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the ...
A traffic light shines in front of a Volkswagen logo at the Volkswagen plant in Osnabruck, Germany, Tuesday, Oct. 29, 2024. (Hauke-Christian Dittrich/dpa via AP) A traffic light shines in front of ...