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Volkswagen staff representatives called for immediate action from management and policymakers on investment, tariffs, electricity prices and partial retirement amid nationwide protests on Monday against job cuts in the German car industry. At both German and European levels, works council chief Daniela Cavallo and IG M
Volkswagen struck a deal with unions to slash 50,000 jobs and cut spending, with results described as better than expected, though key details on cost and timing remain unclear.
Volkswagen plans to cut up to 100,000 jobs, according to Manager Magazin.
Volkswagen Group is set to cut up to 100,000 jobs worldwide over the next few years
Porsche is considering job cuts as part of its turnaround effort