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‘Don’t balance your books with our jobs’: Furious Volkswagen workers jeer boss over cuts in Germany

FRANKFURT, Aug 26 — The boss of German carmaker Volkswagen warned workers yesterday to brace for more job losses,...

malaymail.com ·

‘Don’t balance your books with our jobs’: Furious Volkswagen workers jeer boss over cuts in Germany

Volkswagen CEO Oliver Blume warned workers at his company's Wolfsburg factory that more job cuts may be necessary, prompting jeers and boos from the crowd. The crisis-hit automaker is considering cost-cutting measures across its 10 brands, with up to 100,000 job losses worldwide. Blume emphasized that the majority of required adjustments could occur in Germany, potentially costing the company €1.5 billion annually if they persisted.

The carmaker's struggles include competition from Chinese automakers, US tariffs, and declining demand in Europe for its electric vehicles. Unions have accused Volkswagen of withholding information from workers, accusing management of breaking trust. The IG Metall union leader advocated for alternative cost-cutting measures, while acknowledging the challenges posed by Chinese competition and US tariffs.

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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A change has occurred in the career paths of graduates of the Swiss Hotel Management School. The tourism industry is facing a global shortage of manpower. The Swiss Hotel Management School, located in Montreux, Switzerland, is a hotel management school that is highly regarded worldwide. It has produced many talented individuals who have gone on to work at top hotels around the world. However, due to changes in the employment environment, many graduates are now choosing not to work in the hotel industry. According to a survey conducted by the school, only 50.3% of graduates from the class of 2022 found employment in the hotel industry, down from 71.4% for the class of 2021. The main reasons for this decline are the increasing popularity of remote work and the growing number of people who value work-life balance. Additionally, the COVID-19 pandemic has had a significant impact on the tourism industry, leading to a decline in the number of people who want to work in hotels. As a result, many hotels around the world are facing a severe shortage of staff. According to a report by the World Tourism Organization (UNWTO), the global tourism industry is facing a shortage of approximately 1.2 million workers. In response to this situation, the Swiss Hotel Management School is strengthening its ties with the tourism industry and providing students with more practical training to help them develop the skills they need to succeed in the industry. The school is also promoting the idea that working in the hotel industry is not just about providing customer service, but also about creating memorable experiences for guests and contributing to the local community. It remains to be seen whether these efforts will be enough to address the shortage of manpower in the tourism industry. However, one thing is certain: the Swiss Hotel Management School and its graduates will play an important role in shaping the future of the industry.

·asahi.com

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