VW shock for Germany: tens of thousands of jobs at risk!

VW shock for Germany: tens of thousands of jobs at risk!

Shock at Volkswagen! The works council makes it clear: dramatic times are ahead in Germany! “We are talking about several plants that are to be closed and tens of thousands of jobs that are at risk,” warns works council chairwoman Daniela Cavallo. At an explosive information event in Wolfsburg, she announced that the board was planning to close at least three production sites! And the worst: “None of the German VW plants are safe!” she adds urgently.

Particularly in our sights: the factory in Osnabrück! VW recently lost an important follow-up order from Porsche here, which dramatically worsens the situation. “There are operational layoffs on the horizon,” explains Cavallo, and the threat of closure of entire departments is no longer a possibility. With around 120,000 employees in Germany at risk, this change could reach shocking proportions!

Volkswagen relies on strict savings

VW defends the brutal austerity plans immensely and yet remains vague: “The situation is serious,” says Human Resources Director Gunnar Kilian. “We cannot afford essential future investments without drastic measures!” He does not provide any concrete information about the drastic factory closures and possible wage cuts. Negotiations with the powerful IG Metall are scheduled for Wednesday, and the management teams are preparing for tough discussions.

Brand boss Thomas Schäfer blames the high production costs at the German locations. “We cannot continue as before,” he clarifies. Currently the costs in some plants are twice as high as those of the competition! Pleas for savings were already in the room, and according to insider information, VW is aiming for a drastic wage cut of up to 10 percent and complete zero wages in the next two years! A desperate attempt to increase profitability to 6.5 percent by 2026!