VW: Employees Can Collect over 250,000 Euros of Compensation – but There Is a Catch
6 Articles
6 Articles
VW takes deep into the pockets of job losses! Certain employees can go with a severance pay of more than 250,000 euros. However, strict conditions apply to this.
The crisis-ridden car builder Volkswagen wants to cut down massively in Germany – and to do so deeply in his pocket. With a new severance program, employees with low and medium salaries are to be moved to voluntary walking – but only for a few hundred employees.
Employees who leave by mutual agreement may receive up to nearly one hundred million forints in compensation.
Volkswagen is reportedly offering some employees voluntary resignations with severance pay of up to €209,000. Those who agree early may also receive an additional €55,000 bonus.
More than 250,000 euros as an offer: new severance offers make headlines at VW. Over 100,000 employees are to leave the entire VW Group.
VW intends to remove around 50,000 jobs in Germany by 2030. Brand CEO Thomas Schäfer will start a new severance offer on Monday for certain employees with low and medium salaries – including turbo premium.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
