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Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gap
The company had previously declined to comment on reports it was considering up to 100,000 job losses.
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thenextweb.com
VW to halve model range, silent on 100,000 job cuts
Volkswagen will cut its model lineup by half and shrink capacity, but gave no word on the reported 100,000 job cuts and four German plant closures.
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global.chinadaily.com.cn
Severe cutbacks ahead as VW's profits halved
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…
