Big crisis at Volkswagen
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The car firm Volkswagen has big problems. Boss Oliver Blume talks about a mega crisis. The whole car world feels this. There is too much rival fight. The markets are weak.
VW wants to save much money now. The firm is too slow. The firm is too complex. Blume plans a big change. He calls this a transformations-plan.
Many workers fear for their jobs. Up to 120.000 jobs can go away. Also car factories in Germany can close. Places like Emden or Zwickau feel this.
This week brings 9 meetings. The bosses talk with the workers. Blume wants the plan until the year 2030. He says that the next weeks are very important.
VW wants to save much money now. The firm is too slow. The firm is too complex. Blume plans a big change. He calls this a transformations-plan.
Many workers fear for their jobs. Up to 120.000 jobs can go away. Also car factories in Germany can close. Places like Emden or Zwickau feel this.
This week brings 9 meetings. The bosses talk with the workers. Blume wants the plan until the year 2030. He says that the next weeks are very important.
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Definitions
- Transformations-plan
- Das bedeutet eine große Veränderung oder ein Umbau von einer alten Form in eine neue Form.
People
- Oliver Blume
- Er ist der Chef des großen deutschen Auto-Konzerns Volkswagen.
Locations
- Zwickau
- Eine Stadt in Deutschland mit einer Fabrik von Volkswagen.
Sources
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