Layoff Drama at Volkswagen: Could Cost 140,000 Jobs
4 Articles
4 Articles
Volkswagen's austerity plans could hit much harder than previously feared. Unions warn that up to 140,000 employees could be affected if the car giant closes more factories
WOLFSBURG (ANP/BELGA/RTR/BLOOMBERG) - Union representatives at Volkswagen fear that job losses at the German car group could turn out to be much greater than previously thought. The loss could possibly amount to as many as 140,000 jobs. Volkswagen currently has plans to cut 100,000 jobs to drastically reduce costs.
At Volkswagen, the arm between management and unions is intensifying.
Volkswagen is facing one of the most painful restructurings in its history and the number that now dominates the discussion is dizzying: up to 140,000 jobs will be… Volkswagen: Up to 140,000 jobs in the air – The biggest showdown in the history of the German giant - NAVTEMPORIKI
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