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Focus: Premier of Germany's Lower Saxony walks high wire between VW cuts and AfD

Source: reuters.com

Automotive & EVM&A & RestructuringElections & Domestic PoliticsManagement & Governance
Focus: Premier of Germany's Lower Saxony walks high wire between VW cuts and AfD

Volkswagen's largest-ever restructuring is expected to involve deep job cuts, placing Lower Saxony's political leadership under pressure because the state is a key stakeholder in the automaker. The overhaul adds political risk as leaders seek to contain growing support for the far-right AfD, while balancing employment protection against Volkswagen's need to cut costs.

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