VW faces fewer job cuts than feared |
| Experts predict that Volkswagen will face fewer job cuts than previously anticipated. Ferdinand Dudenhöffer, an industry expert, stated: "I do not expect any plant closures, at most Neckarsulm." He emphasised the need for VW to engage in reasonable discussions with IG Metall, suggesting Olaf Lies as a mediator. While reports indicated up to 120,000 jobs could be lost, Frank Schwope from the Fachhochschule des Mittelstands believes the final number will be lower, estimating 30,000 to 40,000 globally. However, Stefan Bratzel warned of potential domino effects on the economy, with job losses in related sectors potentially exceeding 200,000. |
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