Volkswagen is preparing a restructuring described as "unprecedented" that could result in the closure of four factories in Germany. A confidential document reveals the magnitude of the plan, which represents one of the biggest transformations in the company's history.
The plan threatens to eliminate tens of thousands of jobs, marking a critical moment for the European automotive industry. The restructuring directly affects German workers, who traditionally enjoy strong labor protections.
Volkswagen's supervisory board is involved in discussions about the restructuring process. The measure comes in a context of challenges faced by the European automotive industry, including the transition to electric vehicles and growing international competition.
