Klarnachrichten

Volkswagen plans job cuts

103

Volkswagen wants to save money. The goal is more profit until 2030. The supervisor board makes a plan. The plan costs much money. VW plans with 16 billion euro for the change.

Much money is for job cuts. 10 billion euro are for ending work contracts. Worldwide up to 60.000 people can lose work. The cuts use old age part time or money gifts. This is socially acceptable.

Also 4 factories in Germany have a check. The towns are Emden, Zwickau, Hannover and Neckarsulm. Closing these works costs about 6 billion euro. A final decision is not ready yet. Production can stop there from 2031.

This text was generated automatically and has not been reviewed for accuracy. No guarantee is given for the correctness of the content. Learn more Learn more about article generation

Definitions

Supervisor board
A group of people that controls a company and watches important choices.
Socially acceptable
When job cuts find ways that are less bad for workers.
Old age part time
A model where older workers work less before pension and still get money.

Locations

Emden
A town in Germany with a factory from Volkswagen.
Zwickau
A town in Germany with a factory from Volkswagen.
Hannover
A town in Germany with a factory from Volkswagen.
Neckarsulm
A town in Germany with a factory from the brand Audi.

Sources

Logo VOL
VOL

Abbau von bis zu 60.000 Jobs: So teuer könnte der VW-Umbau werden

Read now
Südtirol News

Stellenabbau kostet Volkswagen 16 Milliarden Euro

Read now
Südtirol News

Stellenabbau kostet Volkswagen 16 Milliarden Euro – Insider

Read now
Logo Standard
Standard

Stellenabbau soll Volkswagen 16 Milliarden Euro kosten

Read now
Logo Spiegel
Spiegel

(S+) Volkswagen: Radikalkur kostet wohl zehn Milliarden Euro für Jobabbau

Read now

Latest articles

Economy

Companies & Markets

Little wine due to big heat

Read now

The wine harvest in Austria is very small this year. The reason is extreme dry heat. The grape berries are small, but very good.

Economy

Labor Market

New ideas for the work market

Read now

Holger Bonin has a new idea. The AMS must help workers to find better jobs. A letter gives tips for a change.

Economy

Companies & Markets

Big building firms in Austria

Read now

The firms Strabag and Porr are very big. They belong to the top 100 firms worldwide. Europe grows, but house building in Austria has problems.

Politics

Other Political Topics

Danger on E-Scooters

Read now

Many people crash with E-Scooters in Austria. The club OAMTC warns all drivers.