this post was submitted on 10 Jul 2026
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Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.

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[–] Zahtu@feddit.org 27 points 1 day ago* (last edited 1 day ago) (1 children)

its not that a certain minister of economy has called them out on their wrong course 5 years ago. But he was shut down as fearmongering and pushing a political agenda.

[–] WanderingThoughts@europe.pub 11 points 1 day ago

Folks were saying this when Tesla released model S, and did a reasonable job on the timeline. That's 14 years ago. But those were tree hugging fanatics who don't understand the importance of short term stock prices.