Volkswagen’s woes mount as workers prepare to strike across Germany | CNN Business

London CNN  — 

Tens of thousands of Volkswagen workers will participate Monday in strikes at plants across Germany, labor union IG Metall said, marking the largest walkouts at the carmaker’s domestic operations since 2018.

The walkouts, which are planned to last several hours, follow weeks of collective bargaining negotiations during which VW refused to rule out mass layoffs and potential plant closures in its home market — drastic measures the company says are necessary to prop up its fortunes amid competition from China and weaker European demand.

A so-called “peace obligation” between workers and the

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