Volkswagen (VW) is reportedly considering unprecedented factory closures in Germany. Insider Paper shared the news on September 2, 2024, highlighting the importance of the situation for the car manufacturer. Disclose.tv also reported on the matter, mentioning that Volkswagen has to cut costs. The car manufacturer may cancel job guarantees to enforce compulsory redundancies and even shut down plants. It possibly indicates that Volkswagen may be planning to lay off its employees as part of their cost-cutting measures to streamline its operations. Intel Layoffs: Over 700 Employees in Ireland May Face Compulsory Layoffs Amid Voluntary Severance Programme, Says Report.

Volkswagen Considering Unprecedented Factory Closures in Germany

Volkswagen To Slash Costs, Job Guarantees Cancelled

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