this post was submitted on 09 Feb 2025
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Like VW is paying out 4.5 billion € in dividends, while telling employees they have to cut wages. They played it clever by announcing huge layoffs, that can be prevented by cutting the wages now. But the Porsche-Piech family is a few billions richer now and will be a few billions richer at the end of the year.
On the plus side, real estate prices will likely continue to fall in the region.
So win win, right? Well, except for the plebs, obviously.