 "Volkswagen Faces Turmoil: Fierce Union Resistance Against Proposed Factory Closures")
Volkswagen Faces Turmoil: Fierce Union Resistance Against Proposed Factory Closures
Volkswagen is facing a challenging meeting as management proposes major cuts, including potential factory closures in Germany, to achieve a profit target of 6.5% by 2026. CFO Arno Antlitz and VW brand chief Thomas Schaefer will address the workforce in Wolfsburg, while works council head Daniela Cavallo warns of strong opposition to these plans. The ...
