VW labour chief sounds alarm on mass layoffs, three German plant closures
By Axel Schmidt, Christoph Steitz and Christina Amann WOLFSBURG, Germany (Reuters) -Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots a deeper-than-expected overhaul,
Volkswagen warns mass layoffs, historic plant closures are coming
For the first time ever, Volkswagen plans to shut the doors to a facility on its home turf. The company plans to close not one but at least three plants in Germany as it faces mounting pressure from China. Volkswagen also warned mass layoffs and pay cuts are coming as it looks to cut costs.
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.
Reactions to Volkswagen labour chief warning of mass layoffs, plant closures in Germany
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots a deeper-than-expected overhaul,
Volkswagen layoffs: can 3 plant closures in Germany cut costs?
Volkswagen’s restructuring plan aims to close three plants in Germany, potentially leading to significant job losses.
Are three German Volkswagen plants under threat of closure?
Struggling German car giant Volkswagen is planning to shut 3 factories in Germany according to the IGMetall Trade Union. Show more Struggling German car giant Volkswagen is planning to shut 3 factories in Germany according to the IGMetall Trade Union.
Volkswagen's labour chief warns of mass layoffs, plant closures in Germany
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots a deeper-than-expected overhaul,
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Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs
Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and cut salaries in response to ...