Volkswagen, Germany's automotive giant, is reportedly planning to close at least three factories in the country and significantly downsize its remaining operations, leading to the potential loss of tens of thousands of jobs. This move comes as a response to the country's economic challenges, including the impact of sanctions on Russia, soaring energy costs, and ongoing issues with migration policies.
According to the Volkswagen works council, the company's management has informed employees about these drastic measures. The Osnabrück plant is said to be particularly vulnerable, having recently lost a crucial follow-up order from Porsche. Additionally, the company is reportedly planning to implement mass layoffs and relocate entire departments overseas.
The Volkswagen works council has vowed to resist these plans, as the proposed actions could have a devastating impact on the livelihoods of thousands of workers. The German government has also weighed in, with a spokesperson stating that the chancellor's stance is clear - "that possible wrong management decisions from the past should not be borne by the employees."
The green socialist federal government shows the usual action-reaction pattern: any blame is dismissed, blamed on others to deflect suspicion that it could be their own infantile ideology that is causing such collateral damage, which is irreparable for the foreseeable future.
this territory is moderated
Notice they are closing German plants, not ones in Mexico.
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Europe overplayed its hand. No one is following them to Green Valhalla
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This is tragic - the west is collapsing due to woke and identity politics and ignoring the fact that our wealth was built upon and ultimately depends upon the productive economy. The sense of entitlement and willingness to print more shitcoin fiat debt will not fix this. We have forgotten we are not guaranteed to remain the dominant global culture despite having been for the last 500 years. China has already beaten the west at its own game - our manufacturing based western economies are disintegrating while China has already gained dominance that is only increasing in terms of trade and manufacturing efficiency. This gives it control over supply chains and raw materials commodity markets.//control the west once enjoyed and control that almost inevitably results in control over global trade protocols including global payments systems. China has already established an alternative trade payments network. This does not look like ending well for western 'liberal democracies'.
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Come on!!, the German government seems to not know how to act any other way. That Volkswagen automobile company is one that always bet on the future... but now it finds itself suffocated by erroneous and inconclusive measures of a government that tries to do one thing and ends up doing something totally different... And as always, the most affected are the employees and their families... I hope this controversy ends in a happy ending and not in a massive layoff of staff.
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