Greener, but Leaner: It’s Volkswagen’s Turn to Cut Jobs

Volkswagen Group just announced a restructuring plan aimed at raising the company’s operating margin to 6 percent. Unfortunately, the strategy involves a staffing reduction of up to 7,000 individuals by 2023 — with the automaker saving an estimated 5.9 billion euros in the process. While legitimate layoffs aren’t expected to take place for at least a few […]

The post Greener, but Leaner: It’s Volkswagen’s Turn to Cut Jobs appeared first on The Truth About Cars.

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Author: Matt Posky

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