Engadget

Volkswagen confirms cutting 50,000 jobs as part of its survival plan

Volkswagen confirms cutting 50,000 jobs as part of its survival planWorldPing

The Volkswagen Group has revealed a 'transformation program' that includes layoffs, potential factory closures and brand shutdowns.

This is a short WorldPing brief. The full report was published by Engadget.

Read the full report at Engadget

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Volkswagen to cut further 50,000 jobs as it ends row with union over revival planWorldPing
The Guardian

Volkswagen to cut further 50,000 jobs as it ends row with union over revival plan

Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure The car company Volkswagen has approved controversial plans to shed 100,000 jobs in a battle for survival as it faces fierce competitio…

Brief by WorldPing · Original reporting by The Guardian