Business ❯Economics ❯Corporate Strategy

Cost Reduction

Job Cuts Employee Compensation Salary Cuts Sustainability Financial Stability Wage Cuts Compromise Solutions Workforce Management Job Losses Plant Closures Layoffs

Volkswagen to Cut 35,000 Jobs in Germany as Part of Major Cost-Saving Plan

The agreement with unions includes production reductions, job security until 2030, and pay cuts for managers to avoid immediate plant closures.

Volkswagen and IG Metall Struggle to Resolve Labor Dispute

Volkswagen Rejects Union's Cost-Saving Proposal, Strikes Expected