“Volkswagen announces job cuts”
Frankfurter Allgemeine Zeitung / Reuters
VW management have announced plans to reduce the number of employees, according to media reports. "We are facing a tough fitness programme," VW human resources chief Karlheinz Blessing said at a staff meeting, according to a Reuters report. "That also includes a reduction in personnel, for instance via early retirement," he added, without giving details. VW brand CEO Herbert Diess said his company’s strategic goal “is no less than market leadership in e-mobility,” reports Frankfurter Allgemeine Zeitung. The company also said it wanted to announce details of its “Strategy 2025” plan in November.
Read the Reuters report in English .
Read the report in Frankfurter Allgemeine Zeitung in German .
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