Volkswagen to axe 12,000 more jobs in Germany by 2030
The cuts come on top of a previously approved workforce-reduction programme that includes plans to eliminate more than 35,000 positions.
German automaker Volkswagen announced plans to cut another 12,000 jobs by 2030, as part of an intensified cost-cutting program, according to Bild newspaper. The additional layoffs would bring the total workforce reduction to over 35,000 positions, as reported by Sputnik/RIA Novosti. The cuts will be implemented in a "socially responsible" manner, with employees offered the chance to participate in state-supported retraining programs.
Volkswagen's management stated this approach aims to balance cost-cutting with employee well-being. However, the trade union IG Metall has warned of potential strikes from 2027 onwards if the job cuts proceed. Formal collective bargaining negotiations are set to take place on November 24, while the current "peace obligation" period, which prohibits industrial action, is set to end on December 31.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Volkswagen to axe 12,000 more jobs in Germany by 2030 freemalaysiatoday.com
