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German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early retirement, to help it meet vital cost-cutting targets imposed in its sputtering transition to electromobility.
Brand chief Thomas Schaefer warned that high costs and low productivity were making its cars uncompetitive
This program is set to include staff reductions as part of the company's broader strategy to enhance efficiency during its shift towards electric vehicle…
German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early retirement, to help it meet vital cost-cutting targets imposed in its
Volkswagen’s original brand is “no longer competitive,” the company’s brand chief warned Monday, owing to high costs and low productivity.