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Volkswagen to cut 35,000 jobs in Germany by 2030

ArenaEV
Volkswagen AG has reached an agreement with labor union leaders that will see the automaker cut 35,000 jobs in Germany by 2030. The cuts, which are expected to save the company roughly €3.79 billion per year, will be achieved through a combination of gradual employment reduction, early retirement, and voluntary buyouts. The agreement comes after months of tense negotiations between… Read more…

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