A powerful German labor union has vowed to fiercely oppose Volkswagen’s sweeping restructuring plans, which could involve shutting down factories and cutting tens of thousands of jobs. The company’s proposed overhaul faces a critical vote, raising concerns over job security and industrial stability. Workers’ resistance could shape the outcome of the board decision, with potential ripple effects across Europe’s automotive sector. The stakes are high as the union prepares to challenge the automaker’s restructuring agenda.
Germany's IG Metall union has warned of maximum resistance to VW's restructuring plans ahead of a crucial board vote on Sept. 4. The overhaul could include plant closures and 50,000 layoffs.
