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Volkswagen has no plans to remove 30,000 jobs, CEO Herbert Diess informed staff in an internal video message, which was supposed to improve the relationship with the automaker’s works council
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Volkswagen is thinking of cutting up to 30,000 jobs to reduce costs and improve competitiveness with rivals such as Tesla. This was first reported by the German daily Handelsblatt reported
German automaker Volkswagen has stopped hiring new staff at its core brand until the end of 2020, VW’s brand’s chief stated on Wednesday. Despite some recovery in demand, car sales
Volkswagen will slash jobs as it accelerates the rollout of less labor-intensive electric cars and will evaluate its sprawling portfolio of brands as it battles to reverse a slide in
Volkswagen will slash up to 7,000 positions, in order to increase productivity and provide 5.9 billion euros ($6.7 billion) of annual savings at its core VW brand by 2023, in
Volkswagen’s supervisory board is talking about a five-year spending plan amounting to over 70 billion euros ($82.5 billion) to become leader in electric cars, an individual knowledgeable about the talks
Volkswagen on Tuesday stated almost 9,300 staff had agreed to an early retirement plan, helping the automaker to bring down costs. “We are rapidly approaching our target of 9,300 contracts
Audi has dismissed forced redundancies in Germany prior to 2020, its labor employer stated, extending job guarantees by two years even as the Volkswagen-owned automaker grapples with the fallout from
Volkswagen and its labor unions consented to cut 30,000 jobs at the core Volkswagen brand in exchange for a commitment to prevent forced redundancies in Germany till 2025, a compromise
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