2024-09-08 17:55:08
Business
Economy
Volkswagen CEO defends job cuts citing economic pressures
Image courtesy of : AFP (MORITZ FRANKENBERG)
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Tagesschau - Wirtschaft und Börsen-Nachrichten
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Audi factory in Brussels threatened with closure; employees steal 200 car keys; electric SUV Q8-etron is being produced there; decreasing demand from China could mean closure.
focus
More and more companies are cutting jobs - The labor market is facing a crisis of 'a thousand cuts'
Labor market facing a crisis of 'a thousand cuts'; Job cuts in the automotive industry, supplier industry, chemicals and large corporations; Loss of well-paid industrial jobs, risk of deindustrialization and polarization; Increase in low-wage jobs, but shortage of skilled workers; Risk of weaker wage growth, rising inequality and growing public spending; Building new jobs in areas such as health, social affairs and education is important, but not enough.
gmx
Association: VW problems have an impact in Thuringia
Economy
Finance
VW's austerity measures are worrying the Thuringian supplier industry; larger suppliers in Eisenach, Eichsfeld, Gotha, Gera; Mubea announces 300 job cuts in Weißensee; AE Group in Gerstungen is restructuring itself due to reduced demand; the automotive industry employs 80,000 people in Thuringia with an annual turnover of 9.3 billion euros.
n-tv.de
Rejection of the Corporate Leadership: Esken to VW: We Don't Have Money for Purchase Premiums - n-tv.de
Economy
Politics
Technology
The VW Group is planning plant closures and layoffs; SPD leader Esken rejects purchase premiums, as there is no money available; Esken criticizes the VW management that electromobility was not taken seriously for a long time.
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