Volkswagen on the Brink: Factory Closures, Massive Layoffs, and Financial Crisis Looming
Wolfsburg, Germany — September 5, 2024. Volkswagen’s leadership is facing significant financial pressure, triggering high-level meetings between executives and workers to discuss necessary cost-cutting measures. At the forefront of these talks is Volkswagen’s Finance Chief, Arno Antlitz, who addressed a crowd of 25,000 employees at the company’s Wolfsburg headquarters. Antlitz delivered a clear message: the … Read more