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Volkswagen plans to cut more jobs worldwide
Employees of German carmaker Volkswagen hold IG Metall trade union flags on July 9 as they protest against restructuring and mass job cut plans at the company's plant in Zwickau, eastern Germany. Volkswagen's boss told employees on Monday a further 50,000 jobs could be cut at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is targeting 100,000 cuts worldwide. JENS SCHLUTER/AFP
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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…
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dailysabah.com
Volkswagen may need to cut 50,000 more jobs, CEO confirms
Volkswagen may need to eliminate about 50,000 additional jobs to match the competitiveness of its rivals, its CEO told employees in an internal memo,...
