VW under pressure: Is the future of jobs in danger?

VW under pressure: Is the future of jobs in danger?

Zwickau, Deutschland - The situation at Volkswagen is dramatic. The group is forced to take drastic measures due to falling profits and strong cost pressure, including factory closures and personnel loss. On December 5, the company's financial chief, Arno Antlitz, found that the profit had dropped by a third per share, which could result in reducing the dividend. In a clear signal of unrest about the future of the company, overall operations council chief Daniela Cavallo demanded solutions from the management. She warned: "All Volkswagen as we know it is in danger" and emphasized that a compromise was urgently needed to prevent escalation. This requirement comes at a time when, according to the Merkur IG Metall already to warning strikes called up that could affect production at several locations.

resistance and consequences

At the works meeting in Wolfsburg, Volkswagen boss Oliver Blume, who is responsible for the austerity course, was headed by the ranks of the employees. He explained that the savings were necessary to secure the company's competitiveness. "We have to go down with the costs," emphasized Blume. Nevertheless, the displeasure among the employees was noticeable, which could possibly lead to one of the "toughest conflicts" in an upcoming collective round, as union representatives promised. IG Metall plans to increase the pressure on VW, especially with regard to existing defects in the negotiations, as well as the loss of quality that could affect the manufacturer, which could affect the Volkswagen brand.

In addition to economic uncertainty, VW advertises a broader understanding of the employees. In this context, there are several offers from retailers who also offer accessories such as Volkswagen watches to strengthen the brand identity and promote the loyalty of customers. This shows that despite internal turbulence, efforts will continue to be made to keep interest in the brand and to win new customers.