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Volkswagen to cut more than 35,000 jobs in Germany by 2030

investing.com 20/12/2024 - 18:16 PM

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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