Volkswagen Layoffs Coming? Volkswagen Might Shut Plants in Germany, End Job Security Scheme as Part of Cost-Cutting Measures

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

(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)