The replacement of Volkswagen CEO Matthias Mueller has been planned for months and board members Francisco Garcia Sanz and Karlheinz Blessing are also going to be ousted, Germany’s Bild newspaper reported. The small circle of executives preparing Mueller’s ouster included Chairman Hans Dieter Poetsch, labor chief Bernd Osterloh, and two member’s of Volkswagen’s controlling family:
Volkswagen on Tuesday stated almost 9,300 staff had agreed to an early retirement plan, helping the automaker to bring down costs. “We are rapidly approaching our target of 9,300 contracts signed. Workers who wish to take partial early retirement should make their decision by July 31,” Volkswagen’ board member for Human Resources Karlheinz Blessing stated.
Volkswagen works council has alleged top executives of violating a cost-cutting deal, risking the fresh problem at the German automaker as it continues to have hard time due to the emissions scandal. In a letter to a Volkswagen brand chief Herbert Diess, observed by Reuters, the labour leaders stated he and workers boss Karlheinz Blessing
Europe’s biggest vehicle producer Volkswagen says a shift to electrical vehicles will require the automaker to slash 25,000 job openings in the coming years, the Frankfurter Allgemeine Zeitung paper reported, mentioning the automaker’s head of personnels. As cars with electrical motors are developed from fewer parts than cars with combustion engines, “we will require less