Volkswagen shall cut 2,500 jobs per year through early retirements, says labor boss

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Volkswagen shall cut up to 2,500 jobs annually over 10 years by moving employees into early retirement, Handelsblatt reported, pointing out Bernd Osterloh, chief of the automaker’s influential works council. Leading management and labor leaders are locked in hard talks on future method and cost savings at the struggling Volkswagen, Osterloh said in an interview […]