Warnings about another wave of massive job losses at Volkswagen have been circulating for a few weeks, but now a new report says the company will cut one-fifth of its administrative staff. But it is hoping to soften the blow by offering early retirements as opposed to all-out firings, for now at least. Â. Read more…
Thousands to lose their jobs as VW slashes $11 billion in costs
Bookmark the permalink.