​VW Could Cut Up To 30,000 Employees In Germany – Tyler Durden

VW Could Cut Up To 30,000 Employees In Germany The German giant is simply no longer selling enough cars… German car manufacturer Volkswagen (VW) could cut up to 30,000 jobs of its 300,000 employees in Germany in a restructuring, according to Manager magazine. As Liz Heflin reports via Remix News, even VW’s 13,000 employees in research and development in Germany will most likely see cuts of 4,000 to 6,000, with investments slashed by up to €20 billion in the medium term, according to the magazine. Cost-cutting measures were expected and already hinted at earlier this month, but these numbers are more…  — Continue at ZeroHedge News : Read More