Tense Volkswagen supervisory board meeting over German jobs and the future of several plants
Volkswagen's Supervisory Board held a "tense" meeting on Friday between management, shareholders and workers, according to sources familiar with the talks. The friction stems from the confrontation with German unions after the company announced it would terminate current company agreements and from unease over Audi's decision to move part of its European production to the US. The group announced in September an additional cut of about 50,000 jobs through 2030, and four plants could close between 2031 and 2034. A new meeting is scheduled for the following Friday.
In 40 seconds
- Volkswagen's Supervisory Board described its Friday meeting as "tense", with management, shareholders and unions at odds.
- The group announced in September an additional cut of about 50,000 jobs through 2030, affecting Lower Saxony.
- Four plants could close between 2031 and 2034, including Emden and Hannover, due to the company's lack of planned investment.
IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.





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