Car giant to shut at least three factories with tens of thousands of jobs to be cut in huge overhaul ...Middle East

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VOLKSWAGEN will shut at least three of its factories in Germany and lay off tens of thousands of staff. The German car-making giants will also shrink their remaining plants and cut staff pay by 10% in a deeper-than-expected overhaul of one of the world’s most recognisable brands. AFPCar giant Volkswagen will shut at least three of its factories in Germany and lay off tens of thousands of staff[/caption] GettyThey will also shrink their remaining plants and cut staff pay by 10%[/caption] In an announcement on Monday from VW’s headquarters in Wolfsburg, Germany, works council chief, Daniela Cavallo, said: “All German VW plants are affected by these plans, none is safe.”

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Last updated : 28 October 2024 clock 04:53 PM

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Car giant to shut at least three factories with tens of thousands of jobs to be cut in huge overhaul ...Middle East

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