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Many job cuts at Volkswagen

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The company Volkswagen has a plan to save money. The supervisory board agrees to this plan. This happens fast at night.
In the next years 50000 jobs go away. This affects plants all over the world. VW wants to be strong in the market again.

4 factories in Germany are in danger. These are Emden, Zwickau, Hannover and Neckarsulm. From the year 2031 there is maybe no work anymore.
VW checks other options for these places. A closure is not final yet. Until June 2027 there are new plans.

The union IG Metall feels relief. A fight does not happen. The main brand VW does not sell.
The workers still help to decide. Erika Rasch is new human resources boss in October. Marianne Heiss returns to the board.

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Definitions

Supervisory board
A supervisory board is a group of people. They check the bosses of a big company.
Union
A union is a group for workers. They fight for good pay and better work rules.

People

Erika Rasch
She is the new human resources boss at Volkswagen from October.
Marianne Heiss
She returns to the board of Volkswagen.

Locations

Zwickau
Zwickau is a city in Germany. There is a big plant from Volkswagen.
Emden
Emden is a city in Germany with a car factory.

Sources

Logo SRF
SRF

Sparplan bei Volkswagen - Volkswagen: 50'000 Stellen fallen weg – vier Werke auf der Kippe

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Logo 5 Minuten
5 Minuten

Volkswagen streicht 50.000 Stellen: Auch vier Werke stehen auf der Kippe

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Logo FAZ
FAZ

Auf dieses Sparpaket hat sich der VW-Aufsichtsrat geeinigt | F.A.Z. Frühdenker

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Logo Die Presse
Die Presse

Einigung bei VW: Weitere 50.000 Jobs sollen wegfallen

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