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Volkswagen Board Meeting to Discuss 100,000 Job Cuts and Protests
2 sourcesFirst reported 13 days agoUpdated 11 days ago
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What all sources covered
- Volkswagen's board is meeting to discuss a proposal to cut up to 100,000 jobs and close four factories in Germany.
- The company reported a nearly 9% decrease in vehicle deliveries from April to June, attributed to reduced demand in China.
- This potential job cut comes amid growing pressures from the electric vehicle market and rising costs.
- Workers have been protesting against the proposed changes as the board deliberates on the future of the company.
2 sources
Who reported first
Cyprus MailFirst
Politis+1d
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