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alex avoigt: Porsche & Piëch Families...

Porsche & Piëch Families push for Rapid, Decisive Restructuring of VW Group Concerned about the future of its core investment, major VW shareholder Porsche SE is pressing for swift decisions to resolve the conflict between management, trade unions (IG Metall), and state stakeholders regarding job cuts and plant closures at Volkswagen. "The Group is at a historic turning point," Hans Dieter Pötsch, head of the Porsche and Piëch families' holding company, stated on Friday. He emphasized that everyone must act responsibly in the interest of the company and its competitiveness. "The longer decisions are delayed, the greater the problems become." Business and economic imperatives must take precedence; "everything else must take a back seat." "It is imperative to reduce existing overcapacities, substantially cut back cost structures, and structurally improve the Group’s ability to make decisions and take action. Porsche SE, as the majority ordinary shareholder of Volkswagen AG, therefore supports the Group Board of Management and its proposals. The goal is competitiveness. There must be no taboos in this process; otherwise, Volkswagen risks falling permanently behind in international competition," adds Dr. Johannes Lattwein, Member of the Executive Board for Finance and IT. In late June, VW CEO Oliver Blume’s strict cost-cutting plan had failed to gain approval from the VW supervisory board due to opposition from employee representatives and the state of Lower Saxony. I can only agree with Putsch, there is no time to loose and delaying it makes it worse.
alex avoigt: Porsche & Piëch Families...
https://x.com/alex_avoigt/status/2085673639307866147

alex avoigt: As long as there is no well-developed...

As long as there is no well-developed plan for disarming 🇮🇷 Iran's roughly one million soldiers—whether from within, from without, or through a combination of both- I doubt that a successful regime change in Iran has any chance. Regime change cannot be achieved through airstrikes, nor through bombing the ruling powers, since new rulers can be appointed faster than the 🇺🇸 US and 🇮🇱 Israeli forces can bomb them. The destruction of military centers, complexes, and headquarters may look impressive on video, but in a decentralized organization like Iran, it doesn't solve the fundamental problem of a large regime that would do anything to stay in power and has prepared for this. The targets for strategic strikes will quickly run out, but the destruction caused by Shahed drones in neighboring countries is very unlikely to. Even worse the ability of the regime to carry out a massacre of the population if the Iranian people go to the streets to demonstrate or demand freedom is remains fully intact. As a result the political pressure on Trump to end the bombing will increase. The US and IDF will successfully reduce and weaken the Iranian regime's military capabilities in the region, but regime change, which should be the actual goal of this war, is only possible if the US and/or IDF invade with ground troops. Given the political and economic pressure, this is highly unlikely. IMO, Trump will do what he always does: quickly lose patience, declare victory, and chicken out.