VW restructuring plan will slash up to 100,000 jobs | DW News
The German government welcomed a restructuring agreement between VW’s board and employees. The carmaker is under massive pressure from US tariffs, falling sales in China and Asian rivals. Communities with VW plants fear a huge impact on their regions.
#dwcurrentaffairs
00:00 Volkswagen board, employees reach overhaul deal
00:34 Volkswagen plant in Emden on list of sites facing possible closure
02:05 Emden mayor slams VW’s communication
02:48 Volkswagen EVs sell poorly, especially in China
03:07 Plant closure would have devastating impact on town and region
05:58 Enno Hinz, DW Business
06:13 Will restructuring plan stop VW losing ground in Chinese market?
06:58 Possible job cuts of 100,000 at Germany’s biggest carmaking employer VW
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