Up to 70,000 job losses likely as German carmaker considers €30bn cost-cutting programme

Volkswagen CEO Oliver Blume faces perhaps the biggest test of his leadership this week: persuading the German carmaker’s supervisory board to accept painful job cuts and factory…

Volkswagen Group’s comprehensive cost-cutting package to combat Chinese manufacturers’ expansion is pending approval from its Supervisory Board as the...

German auto giant Volkswagen's management meets Thursday to discuss plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest…

Chief Executive Oliver Blume is considering cutting 100,000 jobs worldwide, around 16% of Volkswagen's global workforce, and closing three Volkswagen plants in Germany as well as…

L'amministratore delegato Oliver Blume sta valutando il taglio di 100.000 posti di lavoro nel mondo, circa il 16% della forza lavoro globale di Volkswagen, e la chiusura di tre…

Board meeting opens battle over factory closures and sweeping workforce reductions

Sources have said VW considering closing four German plants and cutting up to 100,000 jobs. Read more at straitstimes.com. Read more at straitstimes.com.

Up to 70,000 job losses likely as German carmaker considers €30bn cost-cutting programme

Volkswagen plans to drastically cut its model lineup and further pare back capacity as Europe’s largest automaker considers a far-reaching overhaul that sources say could cost…

Volkswagen is entering what could become one of the most consequential restructuring battles in automotive history as the company's leadership prepares to present sweeping…

Volkswagen on Friday said that a slide in sales accelerated in the second quarter, as the crisis-hit German auto group reportedly considers cutting up to 100,000 jobs worldwide.