Klarnachrichten

VW saves money: Many jobs go away

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The boss group of Volkswagen agrees. All members vote for the plan. The plan saves the firm. VW earns less money now.

The change costs many jobs. About 50000 jobs go away. This also hits the bosses. Several factories in Germany have no new work. These are Emden, Zwickau, Hannover and Neckarsulm. The firm looks for other ways there.

VW boss Oliver Blume sees this as a clear sign. The group wants to invest many billions of euro. VW becomes strong for the market this way. Before this deal, people fight a lot. The mood is very tense.

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Definitions

Aufsichtsrat
A group of people that checks the work of the bosses in a firm.
Sanierungs-Plan
A plan to save a firm from a bad crisis.
wett-bewerbs-fhig
When a firm is good enough to keep up with other firms.

People

Oliver Blume
He is the boss of the Volkswagen group.

Locations

Deutschland
A country in Europe where VW has many factories.
Wolfsburg
The city in Germany where VW has its main seat.

Sources

Logo Die Presse
Die Presse

VW-Aufsichtsrat stimmt Sanierungsplan zu

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Logo FAZ
FAZ

VW-Aufsichtsrat einigt sich einstimmig auf Sanierungsplan

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Logo ZDFheute
ZDFheute

Volkswagen: Aufsichtsrat stimmt Sanierungsplan zu

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Logo Spiegel
Spiegel

Volkswagen in der Krise: Aufsichtsrat stimmt Sanierungsplan zu

Read now
Logo Bild
Bild

VW-Machtkampf: Aufsichtsrat einigt sich auf Rettungsplan!

Read now
Logo Bild
Bild

BILD exklusiv: Das ganze VW-Schicksalspapier

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Logo Spiegel
Spiegel

Meinung: News des Tages: Streit bei VW, chinesische Passbetrüger, Ipsos-Studie.

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