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VW Weighs Staff Reductions As Electric Shift Stalls

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.

Volkswagen to include jobs in €10bn cost-cutting drive

Brand chief Thomas Schaefer warned that high costs and low productivity were making its cars uncompetitive

Volkswagen Plans €10B Savings Plan With Staff Cuts Amid EV Shift: Report

This program is set to include staff reductions as part of the company's broader strategy to enhance efficiency during its shift towards electric vehicle…

Volkswagen to Cut Jobs As Part of $11 Billion Cost Saving Effort

Volkswagen to Cut Jobs As Part of $11 Billion Cost Saving Effort
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