
Volkswagen to cut 100,000 jobs by 2030 in restructuring plan
Volkswagen has approved a major restructuring plan that will cut 100,000 jobs by the end of the decade, with some reports indicating 50,000 of those cuts are new. The plan also casts doubt on the future of the Seat brand and includes production reductions at four factories.
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Volkswagen board approves turnaround plan, flags 50,000 possible job cuts across group - reuters.com
Volkswagen board approves turnaround plan, flags 50,000 possible job cuts across group reuters.com
Read full article →Volkswagen Plans to Cut 50,000 Jobs
Facing growing competition from China and rapidly advancing technology, the German auto giant said Thursday its board had approved a “comprehensive” restructuring.
By James Paton
Read full article →Volkswagen plans to cut 100,000 jobs by end of decade
The total cuts will be the largest restructuring ever carried out in the global automotive industry, amounting to about 15% of the carmaker's staff worldwide.
Read full article →Volkswagen confirms it will cut 100,000 jobs by 2030
Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure The car company Volkswagen has confirmed that it will shed 100,000 jobs by the end of the decade after being hit by US tariffs and fierce competition from Chinese rivals. The German manufacturer said management and unions had agreed as part of a sweeping cost-cutting plan to cut a further 50,000 positions by 2030, bringing total job losses in the pipeline to 100,000. Continue re...
By Patrick Daly
Read full article →Volkswagen to cut 100,000 jobs by end of decade
The company will carry out the biggest job cuts ever seen in the industry. Volkswagen also plans to restructure and invest in research.
Read full article →Volkswagen could cut 50,000 jobs as board approves turnaround plan
Company cites increasing competitive pressure, changing demand patterns and technological change as reasons for planned measures
Read full article →Volkswagen Appoints Marianne Heiss to Supervisory Board Ahead of Key Vote - Morningstar
Volkswagen Appoints Marianne Heiss to Supervisory Board Ahead of Key Vote Morningstar
Read full article →Volkswagen board approves plan that could cut 50,000 jobs
Read full article →Car giant Volkswagen says cutting 100,000 jobs by end of decade - The Straits Times
Car giant Volkswagen says cutting 100,000 jobs by end of decade The Straits Times
Read full article →Volkswagen Says Cutting 100,000 Jobs By End Of Decade
German car giant Volkswagen said Thursday that management and unions had agreed to cut a further 50,000 jobs by the end of the decade, bringing total job losses to 100,000.
Read full article →Volkswagen expands restructuring drive with 50,000 additional job cuts
Read full article →Factbox-Main points of Volkswagen’s restructuring plan
By Reuters
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