Volkswagen Layoffs Coming? Volkswagen Might Shut Plants in Germany, End Job Security Scheme as Part of Cost-Cutting Measures

By admin On Sep 2, 2024

Volkswagen (VW) is reportedly considering unprecedented factory closures in Germany. Insider Paper shared the news on September 2, 2024, highlighting the importance of the situation for the car manufacturer. Disclose.tv also reported on the matter, mentioning that Volkswagen has to cut costs. The car manufacturer may cancel job guarantees to enforce compulsory redundancies and even shut down plants. It possibly indicates that Volkswagen may be planning to lay off its employees as part of their cost-cutting measures to streamline its operations. Intel Layoffs: Over 700 Employees in Ireland May Face Compulsory Layoffs Amid Voluntary Severance Programme, Says Report.

Volkswagen Considering Unprecedented Factory Closures in Germany

BREAKING: Volkswagen is considering unprecedented factory closures in Germany – Bloomberg

— Insider Paper (@TheInsiderPaper) September 2, 2024

Volkswagen To Slash Costs, Job Guarantees Cancelled

JUST IN – Car manufacturer VW has to cut costs: Job guarantee canceled, compulsory redundancies and plant closures possible — Focus

— Disclose.tv (@disclosetv) September 2, 2024

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