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Volkswagen CEO Oliver Blume is facing growing opposition from workers and unions as he pushes a sweeping restructuring plan that could eliminate up to 100,000 jobs and reduce costs across the German automaker.
Volkswagen CEO Oliver Blume has warned that the German automaker is facing a “more than critical” situation as it battles weak demand, overcapacity and growing competition from Chinese manufacturers. The company is considering major cost-cutting measures and job reductions, while plant closures remain under discussion.
The Cockroach Janta Party (CJP) has accused the Union government of failing to honour commitments made after its Jantar Mantar protest ended in July. The group said its National Working Committee will meet on August 24 to decide its next course of action and hinted at a possible fresh protest.
Kerala has opposed the Railway Board’s decision to shift the Mangaluru region from the Palakkad railway division to the Mysuru division, with political leaders warning that the move could significantly reduce Palakkad’s revenue and affect Kerala’s railway development.
UK Prime Minister Andy Burnham has pledged to maintain pressure on Russia during his first official visit to Ukraine, as Moscow warns Britain over its decision to share missile technology with Kyiv.
