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Germany Today

German news in English

Friday, November 22, 2024

Volkswagen Faces Crisis: Jobs at Risk

Published: 2024-10-28

Volkswagen is facing a significant crisis as the company plans to close several plants in Germany, potentially leading to the loss of tens of thousands of jobs.

The company's management has proposed shutting down at least three factories, with the Osnabrück plant being particularly vulnerable after losing a contract with Porsche.

This move has sparked outrage among employees and unions, with IG Metall criticizing the plans as unacceptable.

The German government, led by Chancellor Olaf Scholz, has urged Volkswagen to protect jobs, emphasizing that past management mistakes should not harm workers.

As negotiations continue, employees have threatened widespread strikes if the plans proceed, signaling a tense period ahead for the automaker.