Volkswagen’s Choice: Fire Union Workers And Cut Costs, Or Go Bankrupt Authored by Mike Shedlock via MishTalk.com, The unions and government leaders are howling but what must be done will be done. Big Outcry Over Closures DW reports VW’s Warning on Plant Closures in Germany Causes Outcry. Volkswagen’s announcement on Monday (September 2) that it is considering closing factories in Germany is unprecedented in the German automaker’s 87-year history. Such plant closures were considered off the table for the Wolfsburg-based company. To make matters even worse for the 680,000 VW employees worldwide, the management also feels forced to end its job security… — Continue at ZeroHedge News : Read More
Home » Volkswagen’s Choice: Fire Union Workers And Cut Costs, Or Go Bankrupt – Tyler Durden