Which VW factories in Germany could be affected by layoffs?

VW workers at Wolfsburg Sept 3 2024 Arc 24 — VW employees leaving a works council meeting at the company's headquarters in Wolfsburg. (REUTERS/REUTERS)

By:

Reuters

September 03, 2024 11:37 AM

Volkswagen Group has warned that it may close factories in Germany and implement forced layoffs as it struggles to me its €10 billion ($11.14 billion) cost-cutting target to lift weak profitability at its core VW brand.

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