Bloomberg image for VW Approves Plan to Cut 50,000 More Jobs in Broad Overhaul - Bloomberg.com

💼 Business · Bloomberg

VW Approves Plan to Cut 50,000 More Jobs in Broad Overhaul - Bloomberg.com

From Bloomberg via USVI News: Volkswagen AG’s supervisory board backed a sweeping overhaul that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving Chief Executive Officer Oliver Blume his clearest mandate yet to remake Europe’s biggest carmak…

USVInews.com User Network Contributor

Volkswagen AGs supervisory board backed a sweeping overhaul that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving Chief Executive Officer Oliver Blume…

This article is republished through the USVI News affiliate desk. Reporting, analysis, and viewpoints are those of the original publisher and do not necessarily reflect USVI News.

Read more at Bloomberg