Volkswagen Layoffs
-
{
- All
- News
- Videos
-
Volkswagen Layoffs: German Car Giant To Cut 50,000 More Jobs — What We Know
The reductions amount to roughly 15% of the group's global workforce and mark the automotive industry's largest-ever restructuring exercise, the company said in a statement.
-
Volkswagen To Cut 1 Lakh Jobs To "Align Workforce With Economic Realities"
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.
-
Volkswagen May Cut Up To 100,000 Jobs Amid Rising Costs And China Competition
Weak demand in Europe, falling sales in China and excess production capacity have added to the pressure on Volkswagen as it seeks to improve profitability.
-
Weak Demand, China Competition: Behind Volkswagen's Plan To Cut 50,000 Jobs
The restructuring could even involve up to 100,000 jobs. If implemented, it would rank among the biggest restructurings in the auto industry.
-
Volkswagen To Layoff 100,000 Employees, About 15% Of Its Workforce
Volkswagen will also reduce its planned investment by about 15% over the next five years to $148.2 billion as it faces increasing competition from Chinese auto firms.
-
Volkswagen Considers Temporary Layoffs In Spain If Coronavirus Disrupts Supply
German carmaker Volkswagen has agreed with the main unions at its plant in Spain's Navarra region that some workers will be temporarily sent home in case of disruption to the supply chain due to the coronavirus outbreak, a spokesman said.
-
Volkswagen to Shed 600 Temporary Jobs to Tackle Scandal Costs: Report
Volkswagen will shed about 600 temporary workers at a factory in Zwickau, Germany next year as it battles to cope with the fallout from its cheating of diesel emissions tests, labour representatives at the carmaker said.
-
Volkswagen Layoffs: German Car Giant To Cut 50,000 More Jobs — What We Know
The reductions amount to roughly 15% of the group's global workforce and mark the automotive industry's largest-ever restructuring exercise, the company said in a statement.
-
Volkswagen To Cut 1 Lakh Jobs To "Align Workforce With Economic Realities"
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.
-
Volkswagen May Cut Up To 100,000 Jobs Amid Rising Costs And China Competition
Weak demand in Europe, falling sales in China and excess production capacity have added to the pressure on Volkswagen as it seeks to improve profitability.
-
Weak Demand, China Competition: Behind Volkswagen's Plan To Cut 50,000 Jobs
The restructuring could even involve up to 100,000 jobs. If implemented, it would rank among the biggest restructurings in the auto industry.
-
Volkswagen To Layoff 100,000 Employees, About 15% Of Its Workforce
Volkswagen will also reduce its planned investment by about 15% over the next five years to $148.2 billion as it faces increasing competition from Chinese auto firms.
-
Volkswagen Considers Temporary Layoffs In Spain If Coronavirus Disrupts Supply
German carmaker Volkswagen has agreed with the main unions at its plant in Spain's Navarra region that some workers will be temporarily sent home in case of disruption to the supply chain due to the coronavirus outbreak, a spokesman said.
-
Volkswagen to Shed 600 Temporary Jobs to Tackle Scandal Costs: Report
Volkswagen will shed about 600 temporary workers at a factory in Zwickau, Germany next year as it battles to cope with the fallout from its cheating of diesel emissions tests, labour representatives at the carmaker said.
