Cars

Volkswagen: half of the 50,000 new job cuts will be in Germany

The group will continue to prioritise, as far as possible, voluntary departures through retirement, individual agreements and a restrictive policy on new recruitment. The specific measures will be finalised in consultation with staff representatives

FILE - Oliver Blume, amministratore delegato del Gruppo Volkswagen, il 21 aprile 2026 durante l'evento "Volkswagen Group Media Night" in vista del salone Auto China 2026 di Pechino (24 aprile-3 maggio 2026). (Foto AP/Ng Han Guan, File) AP Photo/Ng Han Guan

1' min read

Translated by AI
Versione italiana

1' min read

Translated by AI
Versione italiana

Around half of the 50,000 additional jobs that Volkswagen plans to cut will be in Germany, whilst the other half will be across the group’s international operations.

This was stated by Chief Executive Oliver Blume during a staff meeting at the Wolfsburg headquarters, according to a report by AFP. “At present, around half of the necessary adjustments relate to Germany and the other half to international operations, involving a total of around 170 companies,” said Blume, outlining the second restructuring plan following the one for 2024.

Loading...

The group will continue to prioritise, as far as possible, voluntary departures through retirement, individual agreements and a restrictive policy on new recruitment. The specific measures will be drawn up in consultation with staff representatives.

Meanwhile, the chair of the works council at VW, (the employees’ representatives, ed.), Daniela Cavallo, has harshly criticised the group’s board of directors, led by Oliver Blume, during a staff meeting in Wolfsburg.

Trust, particularly in Blume, has been undermined, Cavallo stated, according to reports from some of those present at the meeting held at the main plant.

This is according to Dpa. “You cannot work with a chief executive who does not tell his staff how things stand,” said Cavallo, referring to the communication provided so far regarding the planned cost-saving measures. Blume emphasised during the meeting the need for further cost-saving measures.

Copyright reserved ©
Loading...

Brand connect

Loading...

Newsletter

Notizie e approfondimenti sugli avvenimenti politici, economici e finanziari.

Iscriviti