VW Sees About 66,000 Workers Walk Out in Standoff Over Cost Cuts
- Management has called for closing as many as three factories
- Drop in EV demand, high operational costs are weighing on VW
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Roughly 66,000 Volkswagen AG workers across Germany abandoned their posts on Monday, the first wave of temporary walkouts triggered by a stalemate over how to slash costs at the carmaker’s namesake brand.
The so-called warning strikes — designed to pressure management during deadlocked negotiations — took place at all but one of VW’s ten German plants, starting with the company’s flagship electric-vehicle factory in Zwickau.