German carmaker Volkswagen plans to close plants in its home country for the first time in the company’s 87-year history, potentially leading to tens of thousands of layoffs, elected worker representatives said Monday.
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Volkswagen (VW) factory in Germany. Photo: Stf/AFP/Getty Images via washingtonpost.com |
Europe’s largest car manufacturer and Germany’s biggest employer intends to shut at least three of its 10 factories, permanently reduce staff at its remaining production sites and slash pay by 10 percent, Daniela Cavallo, chair of Volkswagen’s works council, told employees in Wolfsburg, Germany, according to a transcript seen by The Washington Post. washingtonpost.com