The Volkswagen works council has outlined cost-cutting plans that threaten to reshape the company's operations in Germany.
In a meeting today, council chair Daniela Cavallo told workers the company’s board plans to shutter at least three of Volkswagen’s 10 German production facilities, while reducing capacity at the others, asserting: "None are safe!"
The closure of any plant would be a first for Volkswagen in its 87-year history.
Together with the plant closures, the plans put forward by the board include significant workforce reductions, salary cuts and the outsourcing of various departments abroad, Cavallo said.
