Volkswagen’s international passenger car CEO Thomas Schaefer caused a stir at the weekend by saying South Africa must get its political and infrastructural act together or risk losing major foreign automotive investments.
Volkswagen warns of job cuts just-auto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from just-auto.com Daily Mail and Mail on Sunday newspapers.
BERLIN: German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early retirement, to help it meet vital cost-cutting targets imposed in its sputtering transition to electromobility.