Volkswagen: VW Chief Announces Cuts in Management in Emden
The VW plant in Emden is under pressure despite investing billions in electric car production. At a works meeting, VW boss Blume explains why this is the case and where he wants to cut costs.
VW Group CEO Oliver Blume has announced significant management cuts at the Emden plant, citing pressure to reduce costs. The plant, which employs around 7700 people, will cut a quarter of its positions as part of the measures. Blume attributed the difficulties to high labour and factory costs, stating that they are more than double those of comparable European sites.
He emphasized that all areas must contribute to the effort and that the goal is to avoid plant closures, with no decisions having been made so far. The Emden plant, which began producing only electric vehicles at the end of 2024, is considered a crucial industrial employer in East Frisia.
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.
