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Volkswagen's Jobs Crisis Gets Louder: Workers Set to Confront CEO Over 1,40,000 Threatened Roles
mint - companies·Friday, 17 July 2026
Volkswagen's works council has announced staff assemblies in August where CEO Oliver Blume will face workers directly at the company's Wolfsburg headquarters and plants in Emden and Zwickau — all sites at risk of closure. Up to 1,40,000 jobs are under threat from the automaker's restructuring plans.
Why It Matters
Volkswagen is one of the world's largest automakers, and mass layoffs at this scale signal deep structural trouble in the global auto industry — an industry that India's own auto sector is closely tied to.
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