Karlheinz Blessing, Volkswagen's Head of HR: Electric cars could mean

Karlheinz Blessing, Volkswagen's Head of HR: Electric cars could mean "5-digit" job cuts

The upcoming shift to electric cars which, according to a Kia study titled ‘Centre for Future Studies,’ could see the company make a quarter of all the world’s vehicles by 2041 – and a third of all new cars sold – may result in five-digit job cuts at Volkswagen (VW),  newspaper Frankfurter Allgemeine Zeitung reports.

Karlheinz Blessing, Volkswagen’s Head of HR & Organisation, told the newspaper in an interview this weekend: “It's not about dismantling a few hundred jobs.

“Over the years, it will amount to a five-digit figure around the world."

Following last year’s emissions scandal, the firm’s strategy has now shifted towards clean-energy electric cars. But this comes at a price – electric cars have fewer components, which means fewer workers needed on the production line.

Blessing added that there will be no forced dismissals, before saying: "If 30% of the value creation will be in the battery system in future, it is right to consider whether we will step in and to what extent. We cannot leave that to others.

"How deeply we will engage is a matter we will discuss as part of the future pact."  

For more automotive news, check Business Grapevine’s exclusive interview with BMW’s Chief Financial Officer, Talita Ferreira, below, where she discusses the car company’s ‘Next 100’ and how culture and leadership is vital to success.

Or, if you’re short on time, Ferreira can be seen as the debut star of Business Grapevine’s new sixty-second selfie feature below. 

Read More

How a manager's mood can impact an employee's working day

New research has found that in many organisations a...

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
'Everyone should work at McDonald's', says construction CEO

Quite a few career high-fliers have had humble beg...

HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
Should more bosses write letters to employee's parents like PepsiCo's CEO?

Employee recognition can take many forms...

  • 77
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
Labour MPs Brexit vote of defiance shows how not to manage employees

Yesterday's House of Commons vote ensured that the...

  • 27
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
Dancing manager goes viral: 'That's just my kind of leadership style'

Realising and perfecting a successful leadership style...

  • 141
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
David Cameron allegedly 'tried to get Daily Mail Editor sacked' over Brexit stance

Top bosses often have to deal with political pressure...

  • 9
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd

Guide to Interim Management

Guide to Interim Management 2016

Related Insights

Register for FREE access.

* By registering you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products.
HR Grapevine Magazine Latest Issue

Magazine Features