Volkswagen goes head-to-head with workforce over proposed company cuts

BERLIN - Volkswagen management will face a tense and fearful workforce at a meeting in its headquarters on Wednesday as it proposes painful cuts, including factory closures in Germany, to hit an ambitious profit target at its namesake brand.

Cavallo warned emotions will run high and management will be "very uncomfortable" at the meeting, expected to last several hours. But the union, one of Germany's mightiest labour stakeholder groups with seats on Volkswagen's supervisory board, cannot imagine starting negotiations without the company taking its threat to close down plants off the table, he warned in an interview.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen