ca.finance.yahoo.com

Lower Saxony backs Volkswagen job cuts while AfD pressure grows

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Sig4.25Sen-4.60Env0.00Soc-4.90Gov-0.80

Lower Saxony’s leader is caught between supporting deep job cuts in Volkswagen’s biggest restructuring and confronting the far-right AfD, which is gaining ground in state elections. The German state, holding a 20% stake and appointing supervisory board members, fears employee uncertainty could accelerate voter shifts at VW plants, including the HQ sites.

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