VW Group, union agree to cut 35,000 jobs, nix German plant closures
Motor Authority
DECEMBER 22, 2024
VW Group and workers agreed to 35,000 job cuts in Germany by 2030 The job cuts will be via retirements and voluntary measures Further cost savings will come from efficiency drives at plants and R&D teams Volkswagen Group and officials representing its workers reached an agreement on Dec. 20 to shed as many as 35,000 jobs in Germany by 2030.
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