factory closures VW

Volkswagen CEO Oliver Blume Defends Job Cuts Amid Economic Pressures

Volkswagen, one of Germany’s leading automobile manufacturers, is under intense scrutiny as it plans significant job cuts to address mounting economic pressures. CEO Oliver Blume recently defended the company’s decision, emphasizing the need for swift action to ensure Volkswagen’s survival in a competitive and shrinking European market. Volkswagen's €4 Billion...