Herbert Diess’s job is once again on the line
Volkswagen workers are flexing their muscles
WHEN BERND OSTERLOH, the mighty boss of Volkwagen’s council that represents workers, announced his resignation in April many investors breathed a sigh of relief. Frequent, acrimonious clashes between him and Herbert Diess, the group’s no-less-mighty chief executive, had become a distraction from the big changes required to push VW into the electric age. The culmination was Mr Osterloh’s attempt to topple Mr Diess.
This article appeared in the Business section of the print edition under the headline “Golf’s course”
Business November 13th 2021
- How Hollywood’s biggest stars are losing their clout
- Science and technology lifts the gloom for property investors
- Chief executives are weirder than ever
- The non-zero costs of zero-covid
- General Electric breaks up
- Herbert Diess’s job is once again on the line
- Companies want to build a virtual realm to copy the real world
- Uber, DoorDash and similar firms can’t defy the laws of capitalism after all
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