Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, ...
By Axel Schmidt, Christoph Steitz and Christina Amann WOLFSBURG, Germany (Reuters) -Volkswagen plans to shut at least three ...
and potential plant closures, VW’s management faces an uphill battle to balance the company’s financial health with the well-being of its workforce. How Volkswagen handles these restructuring ...
In a significant development for the German auto industry, Volkswagen (VW) is preparing to close at least three plants in Germany and lay off tens of thousands of employees as part of a broader ...
Auto giant Volkswagen is planning a major restructuring on its home turf. That will entail three plant closures in Germany, ...
VW faces its biggest crisis in decades as it works to avoid plant closures. But the competition is only starting to mount.
Europe's biggest carmaker has been negotiating for weeks with unions over its plans to revamp its business and lower costs, ...
BERLIN (AP) — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter ...
This economic blow came as worker unions threatened strikes over proposed factory closures and restructuring plans in Germany.
Volkswagen plans to close at least three German plants, affecting all its domestic sites. The move was announced by the ...
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...