Mexican Media Brands
VW, Works Council Reach Accord on Labor Cuts
Bernd Osterloh, Volkswagen AG board member who heads the company’s powerful works council, says his long-running dispute with VW brand chief Herbert Diess about how to cut costs has been settled.
#workforcedevelopment #labor
Share
Bernd Osterloh, Volkswagen AG board member who heads the company’s powerful works council, says his long-running dispute with VW brand chief Herbert Diess about how to cut costs has been settled.
“Now we have consensus,” Osterloh tells Handelsblatt. “All participants have the goal to enter calmer waters.”
Diess arrived from BMW AG in 2015 to lead an aggressive cost-cutting plan for the brand that includes reducing the workforce through attrition. Osterloh complained that Diess seized on VW’s diesel emission cheating crisis to accelerate the pace of cutbacks agreed to last November.
VW brand operations have trimmed its workforce by about 2,000 workers since the beginning of 2015, according to Osterloh. He notes the company also plans efficiency moves that will save some €10 billion per year.
RELATED CONTENT
-
Ford May Cut Global Workforce by 10%
Ford Motor Co. plans to reduce its global headcount by about 10%, or 20,000 employees, sources tell The Wall Street Journal.
-
VW, the Future & the End of “Conventional” Jobs
"In order to become a global provider of sustainable mobility, we are pressing ahead with future projects such as electromobility, digital connectivity and new mobility services, equipped with the necessary resolve and financing.”
-
8 Rules for Getting Things Done Through People
Effective management is a timeless skill—as demonstrated by this treasure of an article from the AutoBeat Group archive. Although the tools of the trade have changed and proliferated, the basics remain the same. Here are 8 old school (and just darn practical) rules for being an excellent manager.