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Half of Volkswagen's job cuts will be in Germany, supervisory board member says
Volkswagen could cut around 25,000 jobs in Germany as part of its planned 50,000 global workforce reduction, Lower Saxony Premier Olaf Lies said. However, he said there is no agreement to close German plants and opportunities remain to retain production.
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cnn.com
Volkswagen to slash half its vehicle lineup and 50,000 jobs in cost-cutting effort | CNN Business
Volkswagen Group announced late Thursday that it plans to eliminate 50,000 jobs and cut half of its vehicle offerings. The German automaker is struggling with headwinds from…
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thehindubusinessline.com
Volkswagen approves 50,000 additional job cuts in sweeping overhaul
Volkswagen’s board backs 50,000 additional job cuts, fewer models and a smaller industrial footprint as the carmaker targets a 9% margin by 2030.
