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Volkswagen confirms weighing up to 50,000 more job cuts
Volkswagen's CEO told employees Monday a further 50,000 jobs could go at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is targeting 100,000 cuts worldwide.
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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…
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economictimes.indiatimes.com
Volkswagen CEO threatens 50,000 more job cuts in memo to staff
Volkswagen's CEO indicated potential for 50,000 more job cuts. This move aims to match competitor cost structures. The company already agreed to 50,000 reductions across its…
