Volkswagen approves plan for another 50,000 job cuts by 2030
Europe's largest vehicle manufacturer is tightening its belt further. 50,000 jobs will be lost at Volkswagen in the coming years - as many as have already been announced.
BusinessEurope's largest vehicle manufacturer is tightening its belt further. 50,000 jobs will be lost at Volkswagen in the coming years - as many as have already been announced.
BusinessThe large cutback package presented by German carmaker Volkswagen (VW) could grow and affect 140,000 employees, union representatives warn.
BusinessTwo years in the CEO position. Then it's definitely over for Håkan Samuelsson in Volvo Cars. My ambition is to find someone who can take over, he says.
CarsVolkswagen is considering moving part of the production of its luxury brand Audi to the USA to avoid Trump's tariffs.
BusinessUp to 7,500 jobs at Audi are set to disappear by 2029, announces the German car giant's management in connection with the agreement on a "future pact" to support its dwindling profitability.
BusinessVolkswagen has, after a long struggle, agreed with the unions on reduced production in factories in Germany to avoid closures and mass layoffs. According to the company, the workforce will simultaneously be radically reduced within five years.
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