German Automakers Face Job Cuts Amid Shift to Electric Vehicles

German carmakers are laying off managers and flooding the job market as they pivot away from electric vehicles and pursue plug-in hybrids. This shift comes after previous efforts to save on electric vehicle production.

2 Aug, 04:00 — 2 Aug, 04:00

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FTVery High29d ago

German carmakers flood jobs market with managers after wielding axe

Volkswagen approaches headhunter to find positions for hundreds of departing managers

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First report: FT · 2 Aug, 04:00|Full coverage: 2 · 1h|Window: 1h

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FT2 Aug, 04:00First to report

German carmakers flood jobs market with managers after wielding axe

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observador2 Aug, 05:04Latest update

German Automakers Face Job Cuts Amid Shift to Electric Vehicles

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German carmakers flood jobs market with managers after wielding axe

Coverage Timeline

German carmakers flood jobs market with managers after wielding axe

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