Before company meetings: VW chief invokes cohesion: "Everyone has to pull together"
The struggling Volkswagen Group is facing crucial times. Before a series of company meetings, CEO Oliver Blume is appealing to the workforce.
Volkswagen Group CEO Oliver Blume has urged employees to prepare for significant cutbacks amid a global industry crisis. He told Bild am Sonntag that the company has launched its largest transformation plan in history, with a series of extraordinary works assemblies set to take place next week. Blume cited a fundamental market shift and global upheavals, including geopolitics, trade barriers, and intense competition, as causes of the pressure to cut costs.
He appealed to employees' fighting spirit, saying the next years will be crucial for the company's competitiveness. Blume aims to finalize a new "Zielbild 2030" plan for VW, which is expected to include significant austerity measures.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
