Volkswagen layoffs: CEO warns several plants may not remain viable
Volkswagen CEO Oliver Blume has warned employees that several of the company’s German manufacturing sites may struggle to…
Volkswagen Warns Crisis Will Deepen as Restructuring Could Put 50,000 Jobs at Risk | Ukraine news
The company has not set a final number, yet one widely discussed figure shows how far its transformation…
China’s ‘Car-Wave’ Blitz and the Volkswagen Warning
Chung Dae-jin, Chairman of the Korea Automobile & Mobility Industry Association On a business trip to China more…
Even China Joint Ventures Fail: Porsche to Cut 21% of Workforce
Porsche logo. Captured from Porsche’s website As European automakers lose ground to Chinese carmakers in Europe and around…
Electric Vehicles: Porsche Announces Major Job Cuts Amidst Restructuring and EV Transition, ETBrandEquity
The deal also includes an extension of plant location guarantees by five years until 2035, it added.By Rachel…
Volkswagen’s Radical Restructuring: Sales Forecast Decline and Major Job Cuts Ahead, ETAuto
In the first half of the year, Volkswagen delivered 6.3 per cent fewer cars globally, driven largely by…
Volkswagen CFO says ‘too many layers, too many entities’ as Europe’s biggest carmaker doubles job-cut target to 100,000
VW’s Q2 operating profit slid nearly 10% to 3.5 billion euros as China sales collapsed, with up to…
Volkswagen faces worker backlash over job cut plans
Volkswagen is preparing for one of its biggest restructurings in decades, with plans to shrink its car lineup…
Volkswagen board will debate radical overhaul, propose plant closures and mass layoffs | Ukraine news
A July 9 supervisory board meeting could decide the fate of several German plants and tens of thousands…
What are the key issues in Volkswagen’s restructuring efforts?
Volkswagen’s supervisory board will meet on July 9 to discuss what could become the carmaker’s biggest transformation to…
First time in its 89-year-old history, Volkswagen may layoff 100,000 employees; shut four plants; company says: Entire Group must…
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Volkswagen plans to close four German plants and cut tens of thousands of jobs | Ukraine news
A major reorganization could reshape Volkswagen’s future, putting thousands of German jobs and several historic plants at risk.…