Volkswagen’s Choice: Fire Union Workers and Cut Costs, or Go Bankrupt
by Mike Shedlock The unions and government leaders are howling but what must be done will be done. Big Outcry Over Closures DW reports VW’s Warning on Plant Closures in Germany Causes Outcry. Volkswagen’s announcement on Monday (September 2) that it is considering closing factories in Germany is unprecedented in the German automaker’s 87-year history. Such …