Workers slam Volkswagen boss over lack of details of cost-cutting plan
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Workers slam Volkswagen boss over lack of details of cost-cutting plan
dpa Wolfsburg, Germany An extraordinary meeting between Volkswagen management and employees on Tuesday failed to bring calm amid anger from workers over a cost-cutting drive that could threaten tens of thousands of additional jobs at the struggling carmaker. The meeting at Volkswagen’s Wolfsburg he»»»
VW workers boo boss as he urges them to ‘pull together’ amid job cuts
The chief executive of Volkswagen has faced boos and whistles of protest at the company’s headquarters after telling thousands of workers that a comprehensive reorganisation, which could include job losses and factory closures, is vital for its future. As Oliver Blume urged more than 10,000 workers»»»
Severe cutbacks ahead as VW's profits halved
Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a far-reaching overhaul that sources say could cost around 100,000 jobs. Volkswagen is under unprecedented pressure to restructure the business model that underpinned its suc»»»
Union warns of ‘conflict’ as Volkswagen eyes mass job cuts
Volkswagen has come under intense pressure from US tariffs, slimmer profit margins from electric cars and, above all, intense competition in China. (EPA Images pic) WOLFSBURG: Volkswagen workers staged protests nationwide Thursday as unions warned of a “major conflict” if the struggling German car »»»
Paderborn strike late to relegate Wolfsburg from Bundesliga | The Express Tribune
Paderborn's Laurin Curda scored in extra-time to grab a 2-1 home win in the second relegation playoff leg on Monday and relegate 2009 Bundesliga champions Wolfsburg 2-1 on aggregate. The narrow win returns Paderborn to the Bundesliga after six seasons, while ending Wolfsburg's 29-year run in the to»»»
German court sends VW execs to prison over Dieselgate scandal
Consequences continue to be meted out over the massive corporate wrongdoing. A German regional court on Monday convicted four former Volkswagen executives of fraud in connection with the long-running Dieselgate emissions scandal. The court sentenced two of the former executives to prison for sever»»»
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