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Volkswagen's road to restructuring

Source: reuters.com

M&A & RestructuringRegulation & LegislationAntitrust & CompetitionManagement & Governance
Volkswagen's road to restructuring

Volkswagen’s supervisory board will vote on the company’s biggest-ever restructuring program on Friday, targeting job and capacity cuts. The plan faces fierce opposition from unions and from shareholder Lower Saxony, raising execution and political-risk concerns around costs and workforce reductions. The outcome could meaningfully impact sentiment toward VW’s turnaround strategy.

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mildly negative

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-0.25

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VWAGY-0.45

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