VW change of personnel: Mayer forces crisis to say goodbye to Spain!

VW change of personnel: Mayer forces crisis to say goodbye to Spain!

Volkswagen is located in a deep restructuring process that affects both the internal structures and the strategic orientation of the company. In the midst of financial challenges, the company made a significant change in its leadership, which makes the automotive industry take notice.

Currently it was known that Patrik Andreas Mayer, the previous CFO of VW Pkkar, has to vacate his post. In his place, David Powels, who was previously CFO of the VW subsidiary Seat. The decision that has now been confirmed by a company spokesman means that Mayer is moving to Spain to take on Powel's tasks. This change is not just a simple personnel exchange; It is an expression of the tense situation in which Volkswagen is located.

Volkswagen fights against return problems

The car manufacturer has set itself the task of optimizing its own structures, but faces the challenge of chronically low yields. VW car is considered the problem child within the Volkswagen Group, which is why drastic measures are required. The company recently announced that the employment agency applicable by 2029 with the employee representatives. This decision could have a profound impact on the workforce in Germany, since works are put to the test and the capacities may have to be reduced. Company -related layoffs seem to be in the air.

These developments are part of a savings program already announced in 2023, which, in addition to reducing areas in the administration, also includes severance payments and the creation of partial retirement. However, the board has clarified that the current measures are not sufficient to counter the challenges in the industry. Therefore, new, effective austerity measures are required, which have so far not been concretized. The works council and IG Metall have announced massive resistance to the announced steps.

The change from Mayer to Seat could therefore be new challenges and opportunities for both him and for VW. Mayer will be asked whether he can successfully design the necessary savings and restructuring in Spain. The background to these drastic changes are still in the uncertain, but it is speculated that Mayer may have been brought down because of his plans to use the innovation funds. These funds are originally intended for future -oriented projects with the employees and their use could be viewed as a delicate in the current situation.

The automotive industry is closely observing these developments because they could have an impact on other companies in a rapidly changing market. With the focus on Electric Vehicles and digitization, it will be shown whether VW can create the turn with these changes.

For more details on this topic, See the report on www.news38.de .