Volkswagen Group CEO Oliver Blume justifies plans for major job cuts amid a serious economic downturn. The company seeks to save €4 billion and may...

As the VW Group will miss its savings targets by several billion euros, the top management is planning further cuts. For the first time in its 87...

As the VW Group will apparently miss its savings targets by several billion euros, the top management is planning further cuts. For the first time,...

Severe cost-cutting measures loom as Volkswagen faces "extremely tense" situation, with job security program ending and factory closures considered.

Severe cost-cutting measures loom as Volkswagen faces "extremely tense" situation, with job security program ending and factory closures considered.

Companies like Volkswagen are considering drastic measures as Germany suffers deindustrialization, including plant closures and the severing of...

Companies like Volkswagen are considering drastic measures as Germany suffers deindustrialization, including plant closures and the severing of...

Europe's biggest carmaker is intensifying cost-cutting measures that no longer rule out plant closures or layoffs in Germany. This has sparked...

Europe's biggest carmaker is intensifying cost-cutting measures that no longer rule out plant closures or layoffs in Germany. This has sparked...

A week after it announced it was considering closing factories in Germany, the automaker said it was exiting a labor contract that protected workers...