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Home > Finance > Volkswagen to cut more than 35,000 jobs in Germany by 2030

Finance

Volkswagen to cut more than 35,000 jobs in Germany by 2030

Published by Global Banking and Finance Review

Posted on December 20, 2024

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FRANKFURT (Reuters) - Volkswagen on Friday said it had agreed with unions to cut more than 35,000 jobs at its German sites by 2030 in a socially responsible manner, which would help achieve more than 15 billion euros ($15.65 billion) in efficiency gains.

($1 = 0.9588 euros)

(Reporting by Christoph Steitz, Andrey Sychev, editing by Kirsti Knolle)

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