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it home reported on september 16 that this afternoon beijing time, according to bloomberg, jefferies analysts said volkswagen mayforce throughthe decision to close the factory wasmore than 15,000 jobs cutpave the way.

jefferies analysts cited comments from volkswagen executives saying the company maywithout the approval of the supervisory boardclosing production facilities could result in provisions of up to 4 billion euros (it home note: currently about 31.462 billion yuan) in the fourth quarter. in the past, volkswagen's supervisory board has blocked management's restructuring efforts.

the union should feel pressure to reach a new deal, and volkswagen will be more aggressive, analysts said in a note citing comments made by volkswagen during its north american road show.ability to enforce layoffs"the risk of disruption to factories is there, but unions can only strike over pay, not factory closures or layoffs, which are not covered by the contract."

a volkswagen spokesman declined to comment. according to it home, volkswagen warned earlier this month that it might have to close its factories in its "homeland" germany for the first time, after canceling its three-decade-old employment protection measures in germany.