Volkswagen cost-cutting may include administrative jobs -Handelsblatt ...Middle East

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A slogan reading “VW thanks all Helpers” is displayed on a building at Volkswagen’s headquarters to celebrate the plant’s re-opening during the spread of the coronavirus disease (COVID-19) in Wolfsburg, Germany April 25, 2020. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights BERLIN, Nov 13 (Reuters) – Volkswagen (VOWG_p.DE) could cut administrative personnel jobs as part of savings and cost-cutting measures amounting to 10 billion euros ($10.8 billion) by 2026, the Handelsblatt daily reported on Monday, citing an internal company podcast. Administrative personnel costs are to be reduced by a fifth by 2026, with staff reductions likely part of the measures, Handelsblatt rep

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