Volkswagen continues to stand firm on plans to close factories in Germany, despite pushback from employees. CEO Thomas Schäfer emphasized the need to adjust to new realities, and signaled potential layoffs. During ongoing wage negotiations, Schäfer expressed support for cuts in management salaries and confirmed no reprieve from the closures will occur. Protests erupted, with about 7,000 employees demonstrating in Wolfsburg, and union representatives threatened strikes if their demands for job and location guarantees are not met.

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