Volkswagen plans ~100,000 job cuts; works council accuses CEO of lacking transparency

Published Aug 25, 03:14 PM UTC

Volkswagen CEO Oliver Blume faced harsh criticism from employees and the works council during visits to Wolfsburg and Braunschweig, as the company plans to eliminate approximately 100,000 jobs, including 50,000 additional cuts in Germany. Works council head Daniela Cavallo accused Blume of not being transparent, saying 'You can't work with a CEO who doesn't tell his people what's going on.' Blume described the job reduction figure as a 'theoretical calculation' and promised to provide reliable perspectives for all locations within six to twelve months. However, he did not rule out plant closures for sites in Emden, Hanover, Zwickau, and Audi's Neckarsulm plant. The supervisory board will meet on September 4, with employee representatives and the state of Lower Saxony each presenting their own future concepts. Blume's previous attempt to push through austerity measures leading to plant closures failed in the supervisory board in July.

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