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Oliver Blume

Oliver Blume News

Volkswagen Sells German Factory for Defense Production to Israeli Firm

VW Sells German Factory for Defense Production

Volkswagen shares rise 6% on board approval of sweeping cost cuts and job reductions

Volkswagen shares jump 6% on cost cuts, job cuts

Volkswagen Supervisory Board Approves Cost-Cutting Plan, Potentially Eliminating 50,000 Jobs

VW Board Approves Cost Cuts, 50,000 Jobs May Be Cut

VW Faces Criticism Over Cost-Cutting Measures

Volkswagen is undergoing significant changes, with CEO Blume deeming drastic cost-cutting measures unavoidable. However, these plans are facing strong criticism.

VW Faces Crisis Over Layoffs, Factory Closures

Volkswagen is experiencing one of its most significant crises due to plans for layoffs and factory closures. Worker representatives are strongly opposing these measures, while the CEO cites current profit margins as unsustainable for the company's future.

VW CEO Blume Seeks Future for All Sites Amid Restructuring

Volkswagen CEO Oliver Blume is holding works meetings to outline restructuring plans and secure viable perspectives for all company sites. He stated that plant closures are the "last and most expensive solution" and are not yet decided, though further cost-saving measures are expected.

VW CEO Oliver Blume Calls for Employee Unity Amidst Industry Crisis

VW CEO Urges Employee Unity Amidst Industry Crisis

VW CEO Oliver Blume Calls Company's Situation 'More Than Critical' Amid Cost-Cutting Measures

VW CEO: Company Situation 'More Than Critical' Amid Job Cuts

VW CEO to Visit Saxony Amid Concerns Over Auto Industry and Zwickau Plant Future

VW CEO visits Saxony amid job fears

Volkswagen Profit Plummets by a Third in Second Quarter Amidst Weak Sales

VW Profit Drops Third in Q2 on Weak Sales

Oliver Blume is a German business executive who serves as the chairman of the Volkswagen Group.