How will a unique law make it difficult for Volkswagen to fire 1 lakh employees?
Ashley Paul, Published on Jun 27th, 2026

Volkswagen plans to fire one lakh employees, but is likely to face difficulties in executing the move. This is because the Volkswagen Law gives the state of Lower Saxony a 20% voting stake in Volkswagen, which carries with it the power to block major decisions. The law dictates that decisions requiring 3/4th majority must be passed by over 4/5th shareholders.
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