Volkswagen risks 'major conflict' with staff over cost-cutting drive, union warns
Volkswagen, Germany's largest carmaker, risks a serious clash with its workforce over cost-cutting plans, its powerful union has warned. The union cautioned against possible job losses. The company faces competitive pressure in the shift to electric vehicles.
Volkswagen's powerful union has warned that the company's cost-cutting drive could lead to a major conflict with employees. According to the union, the planned savings measures threaten job security.
Germany's industrial giant is grappling with rising competition and high costs in the transition to electric vehicles. Management aims to reduce spending to protect its long-term competitiveness.
Union representatives said they would resist any decisions on plants or jobs. The tension in the auto sector is also reviving debate over the future of industrial employment in Europe.
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