VW supervisory board decides on austerity package with possible 115,000 job cuts and plant closures

A historic novelty could take place at the VW supervisory board meeting on Friday. And: The Scalable chief economist and the DZ chief economist discuss the markets.

On Friday, Volkswagen's supervisory board will decide on the austerity package, which could affect up to 115,000 jobs and four plants in Germany. The board of directors and CEO Oliver Blume absolutely want to implement the plan in its current form - employees and the state of Lower Saxony are resisting.

Handelsblatt auto reporter Michael Scheppe explains in the podcast what this dispute is really about and why a historic novelty is emerging at the supervisory board meeting on Friday.

More about the VW crisis:

Showdown at VW supervisory board meeting is imminent

VW savings debate is coming to a head - factories fear for their future

Also a topic in this episode: Given the concerns about a possible AI bubble and the nervousness on the bond market, many are now asking themselves the question: Will we soon experience a market crash? At the Handelsblatt bank summit, Scalable chief economist Christian W. Röhl and DZ chief economist Sonja Marten argued over an answer.

And here is our podcast tip: In the East – where Germany decides

Moderated by Aileen Bunte

Produced by Johannes Grote

The exclusive subscription offer for all listeners of Handelsblatt Today: https://www.handelsblatt.com/mehrfinanzen

More information about advertisements

Published according to the editorial standards of the Handelsblatt. You can find more information in our guidelines.

Our partners display

remind.me Take advantage of current low electricity/gas prices before prices rise again