Volkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistance. The company's unique governance, influenced by the state of Lower Saxony and worker representation on its supervisory board, grants them considerable power. This structure, rooted in historical decisions, gives these stakeholders a significant say in major strategic moves, potentially impacting the automaker's ambitious restructuring plans.

Volkswagen plans to cut up to 100,000 jobs and close four German plants in its biggest restructuring ever, driven by EV competition and high production

Volkswagen, Europe's largest carmaker, is set to cut tens of thousands of jobs and close several plants in Germany as it grapples with rising costs and fierce competition in the…