BERLINLower Saxony's state premier Olaf Lies said on Friday that around half of Volkswagen's 50,000 job cuts will be in Germany and that there is no agreement on plant closures.Stopping car production at plants such as Emden or Hanover, both in his northern German state, is unimaginable, and there is a chance to retain production at German plants by looking at other perspectives, said Lies, who is a member of the group's supervisory board.Also Read| Volkswagen to fire 12% of its India workforce amid major cost overhaul"The day before yesterday, there was talk of closing the plants. With the decision (on the group's future), there is an opportunity to create prospects both in car manufacturing and, where that might not be possible, through other ways," Lies said.The group's supervisory board, of which Lies is a member, on Thursday struck a turnaround agreement that puts the focus on job cuts and averted a clash between major stakeholders.
Half of Volkswagen's job cuts will be in Germany, supervisory board member says
Volkswagen could cut around 25,000 jobs in Germany as part of its planned 50,000 global workforce reduction, Lower Saxony Premier Olaf Lies said. However, he said there is no agreement to close German plants and opportunities remain to retain production.
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