The Economic Times

Volkswagen workers to grill CEO on overhaul threatening 140,000 jobs, works council says

Volkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten up to 140,000 jobs. Blume has stated that 50,000 job cuts are underway to improve cost competitiveness. Plant closures after 2030 could endanger an additional 40,000 positions. Volkswagen declined to comment on the specific job cut figures.