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Fortune

Ryan Hogg

Volkswagen CEO booed after saying he didn't live in a 'fantasy world': report

Volkswagen Oliver Blume Wolfsburg Germany Fortune

German carmaker Volkswagen (VW) CEO Oliver Blume looks on at the start of a company wide meeting at the company's headquarters plant in Wolfsburg, central Germany, on December 4, 2024. (Credit: RONNY HARTMANN—AFP/Getty Images)

Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany.

The head of Germany’s largest private employer addressed 20,000 Volkswagen workers at its headquarters in Wolfsburg on Wednesday, but his pleas fell on deaf ears.

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