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Volkswagen: boss Diess talks about cutting 30,000 jobs

2021-10-13T12:21:16.745Z

Herbert Diess "spoke of his fears for the future of the company" and costs too high compared to the competition, at the end of September, according to several sources.



The Volkswagen boss warned during an internal meeting against the risk of having to cut up to 30,000 jobs to maintain competitiveness in the electric transition, according to press reports and a source interviewed by AFP.

Herbert Diess "

raised his fears for the future of the company

" and the question of the costs too high "

compared to the competition

" at a meeting of the supervisory board on September 24, writes the business daily Handelsblatt.

Read alsoVolkswagen promises nearly 100% green vehicles by 2040

Volkswagen's restructuring could threaten one in four

jobs

at the VW brand

” and “

a cut of up to 30,000 jobs is possible,

” the newspaper added, which revealed internal discussions on Wednesday.

Herbert Diess exposed "

speculation on an extreme scenario

" referring to the introduction of the four-day week in 1994 which "

at the time

" "

saved nearly 30,000 jobs

", qualifies a union source in the council surveillance, interviewed by AFP.

There is, however, "

a consensus

" that "

if the necessary adjustments are not made in the coming years, this could in the extreme case have consequences on employment,

”said this source.

Another source also questions the confrontational nature of the meeting, while the Handelsblatt evokes a "

outburst

" and "

anger

" of the members of the supervisory board at the threat of job cuts. "

We must take care of the competitiveness of our plant in Wolfsburg

", the historic headquarters of the group, said a spokesperson for Herbert Diess, referring to competition from Tesla, which is currently building its new plant in Germany. , considered more effective. "

The debate is launched and there are already many ideas

" but "

no concrete scenarios

", he added to AFP.

In general, a loss of 30,000 jobs is absurd,

” responded a spokesperson for the works council.

Herbert Diess has already spoken to executives about a major reorganization of the Wolfsburg site with the demolition and reconstruction of several buildings as part of the “

Trinity project

”, a new range of more competitive vehicles.

"

We are launching the race against Tesla

" and "

Trinity will revolutionize Wolfsburg,

" Herbert Diess tweeted in early October.

Volkswagen's reorganization should be discussed on November 12 at the meeting of this body devoted to a multi-year investment plan.

Source: lefigaro

All business articles on 2021-10-13

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