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.
Author: Matt Posky