EconomicsHigh impact
50,000 job cuts may be needed to close competitive gap
CNBC·13 hours ago·Global·1 min read
Source: CNBC
Volkswagen may need to cut about 50,000 more jobs to match the competitiveness of rivals, its CEO told staff in an internal memo, effectively confirming for the first time that the automaker is looking to reduce up to 100,000 positions.
Oliver B... [1549 chars]
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