The iconic German carmaker has sparked fury among employees and staff representatives by announcing the possible closure of factories in Germany, the termination of the job guarantee agreement and the prospect of redundancies. The IG Metall union is up in arms and painful negotiations are on the horizon.
Crisis has returned to Volkswagen, the flagship of the German car industry. On Monday, the management of the group, which has nine car brands, set the world alight by announcing that, for the first time in the history of its core brand, it was not out of the question to close one or more of VW’s 10 German plants.
Overcapacity at two sites
At an extremely stormy staff meeting attended by 25,000 employees, the group’s finance boss Arno Antlitz got into the thick of things by explaining that two...
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Article authors
Thomas Schnee
Freelance