Volkswagen

At a company meeting, VW technology board member Thomas Schmall praised the Chemnitz plant: financial figures, production and capacity utilization are very good and order books are full. Chemnitz is the lead plant for the EA211 petrol engine, which is now also being built as a hybrid. Despite thanks and recognition, there were no concrete commitments for the site; board tours and the announced cost-cutting measures further increase uncertainty about possible job cuts. » Más en finanzen.net

Daniela Cavallo, chair of the works council at VW, openly criticized management at staff meetings and is demanding clarity instead of the previous cost-cutting messaging. She coordinates appearances with the Lower Saxony state government to prevent plant closures and layoffs for operational reasons and to seek follow-up solutions such as defense projects. Cavallo draws clear red lines against further cuts and is preparing with employee representatives for the next supervisory board meeting. » Más en faz.net

Works council chief Daniela Cavallo openly criticized Volkswagen management at staff meetings and accused the CEO of a lack of transparency. She is mobilizing employees and seeking to join forces with Lower Saxony’s minister-president Olaf Lies to prevent plant closures and redundancies. Cavallo is drawing clear red lines against the planned cost-cutting program; the next supervisory board meeting to make decisions is scheduled for the end of next week. » Más en faz.net