Volkswagen Group CEO Oliver Blume emphasized the need for significant cuts to remain competitive, stating, "As management we're not operating in a fantasy world... we are making decisions in a rapidly changing environment." This highlighted the urgent necessity for the company to adapt to new market realities.
"The price pressure is immense," Blume said, stressing the need for immediate action to protect Volkswagen's future as they navigate a challenging automotive landscape, including rising competition and high labor costs.
Daniela Cavallo, head of VW's labour council, insisted that sacrifices must come from all parties involved, advocating for a unified approach to address the challenges facing workers and management amidst rising tensions.
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