Volkswagen planning to cut up to 100.000 jobs globally
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Re: Volkswagen planning to cut up to 100.000 jobs globally
#2Weak that they’re not partnering with CATL or Panasonic to build stationary storage with excess manufacturing capacity.
Re: Volkswagen planning to cut up to 100.000 jobs globally
#3Weak that they’re not partnering with CATL or Panasonic to build stationary storage with excess manufacturing capacity.
They are switching some lines to building military vehicles aiui
Re: Volkswagen planning to cut up to 100.000 jobs globally
#4It is unfortunate for the employees but it is necessary, and hopefully also a wake up call for other German companies and the government.
It’s time for leaner structures, smaller teams, faster decisions, and shorter development cycles. Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment.
Hopefully, the seven years with barely any economic growth will end soon.
Re: Volkswagen planning to cut up to 100.000 jobs globally
#5It is unfortunate for the employees but it is necessary, and hopefully also a wake up call for other German companies and the government. It’s time for leaner structures, smaller teams, faster decisions, and shorter development cycles. Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment. Hopefully, the seven years with barely any economic growth will end soon.
> Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment
A car development cycle is/was seven years in Germany. And that was totally fine. When the "Golf 7" comes up, the "Golf 8" doesn't come out only 2 years after.
What happened is the EU (and Germany in particular) left only two development cycles to the biggest industry in Germany (and hence the biggest industry in Europe) to entirely change.
For the EU said: "In 14 years you're forbidden to sell a single brand new ICE car in the EU" (of course they recently changed that tune, but too little, too late, the damage is done).
But that's not all: not happy to drown the german car industry, they decided that the corpse wasn't drowning quickly enough and Germany decided to shut down all their nuclear reactors (I think they recently reversed their stance on that too) and become depending on Russia as a major energy source (which the US warned Europe / Germany to not do).
Of course the shit hit the fan: Russia attacked Ukraine and everything turned to shit.
And now it's estimated German car makers pay their energy price 7x more than was chinese car makers pay their energy.
So, no, it's not all "the lethargy of German economy and business". Germany was (and to some extent still is) producing incredibly fine driving machines: not just VW but Audi, Porsche, BMW and Mercedes.
And those cars did what was asked of cars: drive very finely.
It's eurocrats/bureaucrats and german politicians who killed the german car industry.
P.S: I've got nothing against EVs... But don't be an ideological idiot about it: don't kill your main industry while handing the keys of the kingdown to China. The shift was way too quick. The EU should have been way more cautious and shouldn't have stupidly closed so many nuclear plants (to moreover start burning more coal again).
Re: Volkswagen planning to cut up to 100.000 jobs globally
#6VW is a massive casualty, but the future of automotive is currently a cutthroat war between BYD and Tesla. Everyone else is, at best, a second tier competitor.
Auto industry/dealerships for trad cars is not looking good.
Re: Volkswagen planning to cut up to 100.000 jobs globally
#7It is unfortunate for the employees but it is necessary, and hopefully also a wake up call for other German companies and the government. It’s time for leaner structures, smaller teams, faster decisions, and shorter development cycles. Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment. Hopefully, the seven years with barely any economic growth will end soon.
> Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment A car development cycle is/was seven years in Germany. And that was totally fine. When the "Golf 7" comes up, the "Golf 8" doesn't come out only 2 years after. What happened is the EU (and Germany in particular) left only two development cycles to the biggest industry in Germany (and hence the biggest industry…
The EU didn't close any nuclear plants, that was just Germany.
Re: Volkswagen planning to cut up to 100.000 jobs globally
#8Earlier quoted context omitted.
> Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment A car development cycle is/was seven years in Germany. And that was totally fine. When the "Golf 7" comes up, the "Golf 8" doesn't come out only 2 years after. What happened is the EU (and Germany in particular) left only two development cycles to the biggest industry in Germany (and hence the biggest industry…
The EU didn't close any nuclear plants, that was just Germany.
OP said "Germany decided".
EU did the Green Deal, though, which is way worse than shutting down a few nuclear reactors that after all didn't produce that much energy anymore and were anyways planned to be shut down.
Re: Volkswagen planning to cut up to 100.000 jobs globally
#9It is unfortunate for the employees but it is necessary, and hopefully also a wake up call for other German companies and the government. It’s time for leaner structures, smaller teams, faster decisions, and shorter development cycles. Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment. Hopefully, the seven years with barely any economic growth will end soon.
> Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment A car development cycle is/was seven years in Germany. And that was totally fine. When the "Golf 7" comes up, the "Golf 8" doesn't come out only 2 years after. What happened is the EU (and Germany in particular) left only two development cycles to the biggest industry in Germany (and hence the biggest industry…
EU didn't close nuclear plants, not sure what you're talking about.
This is a choice some countries did in the past due to Chernobyl and Fukushima.
The "fatality" was performed successfully by the Greens.
Re: Volkswagen planning to cut up to 100.000 jobs globally
#10People have no money for cars. Maybe boomers whose health insurance you subsidize and whose overpriced apartments you rent can still afford one.
Everyone else struggles with health insurance up more than 100% in 10 years, Döner up 100% in 6 years, electricity costs etc.
But we feel good about the "rules based international order", which only the EU follows right now, dictated by public servants with inflation-indexed pensions.