Volkswagen CEO Oliver Blume encounters resistance from labour unions and the supervisory board, as proposals for job cuts and plant closures fail to gain approval in Wolfsburg.
VW CEO is facing pushback on overhaul plans
Jul 12, 2026
12:47 pm
What's the storyVolkswagen AG's CEO Oliver Blume is facing major challenges in his efforts to revamp Europe's largest carmaker.
His plans, which include job cuts and plant closures in Germany, were rejected by 12 of the 19 supervisory board members at a meeting on Thursday.
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