VW unions torpedo turnaround plan, leaving CEO Blume under pressure
Volkswagen CEO Oliver Blume failed to secure initial backing from the supervisory board for a fundamental overhaul of the carmaker. Labour unions torpedoed the turnaround plan, leaving Blume facing an uphill battle to push through the reforms. VW has been grappling with serious financial and structural challenges requiring deep restructuring.
Comments
No comments yet
Comments
No comments yet โ be the first to weigh in ๐
No comments yet. Be the first!