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Volkswagen Brand to Cut up to 7,000 Jobs Amid EV Push

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Old 03-13-2019, 08:57 AM
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Nelson
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Default Volkswagen Brand to Cut up to 7,000 Jobs Amid EV Push

Volkswagen will cut up to 7,000 positions, aim to boost productivity and deliver 5.9 billion euros ($6.7 billion) of annual savings at its core VW brand by 2023, in its latest attempt to raise profitability at its top-selling division. The plan, announced on Wednesday, comes a day after the German automaker warned it would cut […]


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