10:59⇢VW's Axe Falls: German Factories Face Closure
⌨The newspapers extensively report on Volkswagen's drastic cost-cutting plans, including the potential closure of at least three factories in Germany and thousands of job cuts (Berliner Zeitung, FAZ, FR, Spiegel, Stuttgarter Zeitung, Zeit, merkur.de). The news has sparked concerns among workers' representatives, with the works council threatening escalation (FAZ). This development dominates the current news cycle, overshadowing other topics.