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Volkswagen's Jobs Crisis Comes to a Head: 1,40,000 Roles at Risk as Workers Demand Answers
mint - companiesยทSaturday, 18 July 2026
Volkswagen's works council will hold staff assemblies in August where workers will directly question CEO Oliver Blume about plans that put up to 1,40,000 jobs at risk. Meetings are scheduled at VW's headquarters in Wolfsburg and at the Emden and Zwickau plants, both of which face potential closure. The German automaker is under severe pressure from weak EV demand and rising costs.
Why It Matters
Volkswagen's crisis is a warning sign for the global auto industry โ and India's growing car market is deeply linked to how global automakers restructure.
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