News
The Volkswagen Works Council Is Afraid Of Even More Job Losses
Not 50,000, nor 100,000, but as many as 140,000 jobs are at risk at Volkswagen, according to the works council.
As yet, there is no white smoke from Wolfsburg regarding the reorganization that appears imminent. In any case, it is causing quite a stir, not only in the automotive industry. As one of the world’s largest car manufacturers, the Volkswagen Group is a major engine for the German and, consequently, the European economy. At least 50,000 jobs are being cut, and it recently emerged that another 50,000 may be at risk. And it doesn’t stop there, warns the Volkswagen Group Works Council.
According to Reuters, the Works Council states that the total could reach 140,000. Whether that number becomes a reality depends on factory closures, according to the council. That sounds logical in itself. At the end of August, VW CEO Oliver Blume will give factory employees in Wolfsburg, Emden, and Zwickau the opportunity to discuss the future with him. So, hopefully, more will become clear then.
-
Celebrities Auto1 week agoThrowback: When KC Luxury Boasted Of Being The Only Person In The World To Own Two Rare Mercedes-Maybachs
-
News6 days agoAndrew Tate’s Lawyers Claim His Famous Bugatti And Aston Martin Are Rented
-
Car Theft2 days agoOyo Police Bust Trans-National Car Theft Syndicate, Recover Stolen Lexus RX 350
-
News1 week agoWho Is Herbert Wertheim? The 87-Year-Old Billionaire Who Bought The $40M Ferrari Luce “Chassis 0”
-
News3 days ago1997 Cadillac DeVille d’Elegance: Why Dolly Parton Donated Her Favorite Car After 10 Years
-
News1 week agoThe Tesla Cybercab Has Begun Transporting Passengers In Austin Texas
-
Celebrities Auto4 days agoBurna Boy Lifts ₦1.6B Ferrari Testarossa Into His 26th Floor Penthouse
-
Autoshows & Awards1 week ago9 Coolest Cars Unveiled At The Quail: From Bugatti Destrier to Lamborghini Revuelto SV