Volkswagen supervisory board approves transformation plan; up to 50,000 jobs at risk
Volkswagen’s XETR:VOW supervisory board unanimously approved a comprehensive “Future Plan” that could include cutting the group’s workforce by around 50,000 jobs, including management positions.
Volkswagen's XETR:VOW supervisory board on Thursday unanimously approved a comprehensive transformation plan that could include cutting the group's workforce by around 50,000 jobs, including management positions, as the automaker seeks to improve competitiveness.The "Future Plan", presented by Volk…