Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
BERLIN — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings ...
Auto giant Volkswagen is planning a major restructuring on its home turf. That will entail three plant closures in Germany, ...
Volkswagen plans to close at least three factories in Germany and lay off tens of thousands of employees. According to SEB ...
Rank-and-file committees among autoworkers in both North America and Europe must be expanded to include every key factory, ...
Volkswagen and its unions are in heated talks over the company's plans for plant closures and significant job cuts in Germany ...
and potential plant closures, VW’s management faces an uphill battle to balance the company’s financial health with the well-being of its workforce. How Volkswagen handles these restructuring ...
In a significant development for the German auto industry, Volkswagen (VW) is preparing to close at least three plants in Germany and lay off tens of thousands of employees as part of a broader ...
This economic blow came as worker unions threatened strikes over proposed factory closures and restructuring plans in Germany.
VW faces its biggest crisis in decades as it works to avoid plant closures. But the competition is only starting to mount.
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.
Volkswagen said in early September that auto industry headwinds mean it can’t rule out plant closures in its home country, and must drop a job protection pledge in force since 1994 that would ...