Volkswagen announces a plan to cut 5,000 jobs

by time news

Time.news – The German automotive giant Volkswagen announced a plan to cut in Germany an unspecified number of jobs by the end of 2023, but which could reach up to 5,000 employees as part of a cost reduction intended to finance the transition to electric.

In a press release, the group announced an agreement with trade unions that provides for “up to 900 employees” to opt for a short-term early retirement formula, while a “four-digit number” of 2,000 to 4,000 employees would leave. the company as part of a plan for the progressive cessation of business

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.