Automakers

VW weighs cutting 15,000 staff on plant closures, brokerage says

VW Golf production Wolfsburg
Golf output is pictured at VW's Wolfsburg plant. (VW/WWW.SCHEFFEN.DE)
B
By:
Bloomberg
September 16, 2024 09:51 AM

Volkswagen Group could force through decisions on plant closures this year, paving the way for more than 15,000 job cuts, according to analysts at Jefferies.

Staying current is easy with newsletters delivered straight to your inbox.