
Volkswagen Approves Major Restructuring Plan With 50,000 Job Cuts
Volkswagen’s supervisory board has unanimously backed a comprehensive turnaround strategy that will eliminate 50,000 positions globally while temporarily maintaining operations at German plants.
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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 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 turnaround plan, flags 50,000 possible job cuts across group
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 →Volkswagen supervisory board approves transformation plan
By Reuters
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