FlashFeed
๐Ÿš—
Volkswagen CEO warns staff: company's situation is "more than critical"
๐Ÿš— Cars

Volkswagen CEO warns staff: company's situation is "more than critical"

Volkswagen CEO Oliver Blume has sent an internal message to staff describing the company's financial situation as "more than critical," signalling another deep round of restructuring may be imminent. The German automotive giant has been struggling with sales difficulties, particularly in the electric vehicle segment.

Similar stories

๐Ÿ“ˆ Business VW workers boo CEO Blume as he urges unity amid mass restructuring and job cuts The Guardian World ยท 1d ago ๐Ÿš— Cars Volkswagen restructuring could cut up to 100,000 jobs and close German plants DW News ยท 1d ago ๐Ÿš— Cars Volkswagen CEO: VW cannot finance its future on current margins Interia Biznes ยท 1d ago

Should Volkswagen accelerate its electric transition despite its financial difficulties?

Bankier.pl ยท 1h ago ยท Source โ†—

Comments

No comments yet