Volkswagen Job Cuts Agreement
FRANKFURT (Reuters) – Volkswagen (ETR:VOWG_p) announced on Friday that it has reached an agreement with unions to cut over 35,000 jobs at its German sites by 2030.
This decision aims to proceed in a socially responsible manner, ultimately generating more than 15 billion euros ($15.65 billion) in efficiency gains.
($1 = 0.9588 euros)
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