Business17 July 2026

VW workers to grill CEO over overhaul threatening 140,000 jobs

The works council ​of German carmaker Volkswagen said ‌on Friday it will host extraordinary staff assemblies in August with CEO Oliver Blume, giving ​workers the opportunity to grill ​him on plans threatening up to 140,000 ⁠jobs.

Blume will attend meetings with staff ​at the company headquarters in Wolfsburg ​on August 25, and the plants in Emden and Zwickau on August 26, the works council ​said in an update to staff ​seen by Reuters.

Emden and Zwickau are two of ‌the ⁠four plants faced with closure in the coming years if no alternative is found.

Volkswagen could axe another 50,000 jobs on top ​of 50,000 ​job cuts ⁠already under way in order to become competitive on costs, ​Blume has said.

The threatened plant closures ​after 2030 ⁠endanger another 40,000 jobs, the works council said.

A Volkswagen spokesperson said there were ⁠currently ​no agreements and therefore ​declined to comment on the figure.

-Reuters
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