Volkswagen, VW
Volkswagen to Slash China Jobs as Part of Global Overhaul
Volkswagen AG has begun trimming corporate jobs in China as part of its goal to reduce overhead by 20% globally over the next three years.
Volkswagen May Cut 15,000 Jobs, Jefferies Says
Volkswagen may be considering at least 15,000 job cuts as it struggles against tough competition, Jefferies analysts wrote following three days of conversations with the German automaker's management.
VW Targets Job Cuts in China to Lower Costs as Sales Slump
Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the next three years.
Volkswagen denies plans to cut 30,000 staff from its workforce
CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have banned layoffs until 2029. View on euronews
VW Could Cut Up To 30,000 Jobs, R&D Might Take A Massive Hit
Reports indicate Volkswagen may cut up to 30,000 jobs amid financial pressures. VW denied that number, but declined to say how many employees might be let go. Some of the deepest cuts could be made to the research and development departments.
Volkswagen denies report that it is mulling 30,000 job cuts
Ailing German carmaker Volkswagen on Thursday declined a media report that it is planning to lay off up to 30,000 employees. "One thing is clear: Volkswagen has to reduce its costs at its German locations,
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge ...
Recall forces Volkswagen to temporarily halt ID.4 production, furlough employees at Tennessee plant
Volkswagen announced it will temporarily suspend production of the ID.4 at its Chattanooga plant following a nationwide ...
Volkswagen ID.4 production halted in the US after its doors wouldn’t stay closed
I was driving my 2023 Volkswagen ID.4 when, seemingly out of nowhere, my driver-side door made several unusual clicking ...
Volkswagen's audit of Xinjiang plant failed to meet international standard, FT reports
An audit commissioned by Volkswagen into its jointly owned site in Xinjiang, China, failed to meet key aspects of the ...
Volkswagen Vows Open Mind As Contract Talks With UAW Begin
Volkswagen says it's entering its first contract negotiations with the UAW with an open mind, as talks get underway on ...
‘I will be out of this Volkswagen Atlas.’
Her goal is to process a buyback as she experienced the transmission cut-out issue numerous times. The only problem was ...
German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting ...
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Volkswagen weighs another plant closure, this time in China as domestic EVs take control
Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s ...
Volkswagen Continues To Face Challenges In China, Rated Hold
Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...
Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old ...
Electrek1d
NIO (NIO) eyes buying Volkswagen plant in historic market shake up
China’s NIO (NIO) is considering buying Volkswagen’s Audi plant in Brussels. Volkswagen’s plant is at risk of being shut ...