Dossier
supervisory board
Coverage of supervisory board in the Nexus archive.
- Volkswagen's CEO is warning of 50,000 more job cuts, bringing the total to 100,000
Volkswagen's CEO Oliver Blume warned of an additional 50,000 job cuts, increasing the total to 100,000. The decision follows a 20% cost disadvantage compared to rivals, attributed to labor representatives blocking a restructuring plan at the supervisory board.
- Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
Volkswagen is reducing its model lineup and shrinking capacity, with no mention of job cuts. The decision followed a high-stakes boardroom showdown with the company's supervisory board.