Volkswagen to cut administrative staff by one fifth

Piet Andries

December 7, 2023

CEO Thomas Schäfer at the works meeting where he announced the Performance Program: ” We are getting an enormous concerted effort off the ground to build new strength for the Volkswagen brand.”

Before Christmas, Volkswagen wants to be in the clear about its restructuring plans, seeking savings of 10 billion euros. The company aims t
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