Volkswagen Board Demands Deeper Austerity Measures Amid Financial Challenges
Volkswagen’s Strategic Shift: Job Cuts, Production Reductions, and Future Plans in a landmark December agreement, Volkswagen and its trade unions have averted the immediate threat of plant closures and mass layoffs, opting instead for a more gradual approach to restructuring. The deal, wich focuses on long-term sustainability, will see the German automaker reduce its workforce … Read more