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Volkswagen Stock Drops as Porsche SE Demands Swift Cost Cuts, August 09
Porsche SE demands rapid restructuring at Volkswagen after EUR 2.2B loss. CEO Blume’s plan to cut 50,000 jobs and close four German plants faces union and state resistance. Meyka grades VOW3.DE a B.
Dudenhöffer fordert 40-Stunden-Woche bei VW ohne Lohnausgleich, Juli 12
Dudenhöffer fordert 40-Stunden-Woche bei VW ohne Lohnausgleich zur Kostensenkung. Supervisory Board lehnte Blumes Reformplan ab. VOW3.DE fällt 0,75%.
Volkswagen Slashes 50% of Models, Cuts 100,000 Jobs by 2030—July 11
Volkswagen plans to slash 50% of its model range and cut 100,000 jobs by 2030 to combat falling profits and Chinese competition. The restructuring faces union opposition after supervisory board rejection on July 10.
Volkswagen Slashes 50% of Models, Cuts 100,000 Jobs by 2030—July 10
Volkswagen plans to cut 50% of models and slash 100,000 jobs by 2030 as CEO Oliver Blume unveils radical restructuring. Production capacity falls from 10M to 9M vehicles annually.
Volkswagen CEO Plans To Cut 100,000 Jobs In Major Overhaul
Volkswagen is preparing for one of the biggest restructuring plans in its history. Reports suggest CEO Oliver Blume wants to reduce the global workforce by as many as 100,000 employees over the next few years while lowering investment spending and reshaping the group’s business. The reported plan comes as the German automaker faces slower demand…
Volkswagen Cuts 28,000 Jobs as Oliver Blume Defends Overhaul, June 20
Volkswagen cuts 28,000 jobs and defends €6 billion annual cost savings plan. CEO Oliver Blume warns business model broken as sales fall 7% in Q1 2026.
Swiss Trains Miss Stops at Kemptthal 20 Times in Two Years, June 18
Kemptthal station in Zurich had 20 missed train stops in 2024-2025, the highest in Switzerland, followed by Liestal and Pully.
Swiss Federal Subsidies Hit 49 Billion Francs Annually, June 12
Swiss federal subsidies total 49 billion francs annually, representing 6% of economic output, with 22,500 identified recipients.
SBB Fraud: Man Evades 21,000 CHF Fare Through App Loophole
Winterthur man evades 21,000 CHF in SBB fares by riding trains 400 times using app billing loophole. Security gap in online ticketing system exposed.