Germany: over 30 000 jobs threatened at Volkswagen, according to “Der Spiegel”

According to the daily newspaper "Der Spiegel" (published on 19th June), Horst Neumann, Human Resources director at Volkswagen, admitted for the first time to employee representatives that over 30 000 jobs could be cut in the automobile group, i.e. 10 000 more than previously envisaged. The information was denied by the management. (Ref. 06634)

Through . Published on 23 June 2006 Ă  9h08 - Update on 26 March 2013 Ă  17h32

The car manufacturer had already announced back in early February that 20 000 jobs could be “affected” by a new restructuring plan (cf. our article n°6128). According to Der Spiegel, Horst Neumann allegedly explained that high labour costs would not enable the next Golf to be produced profitably at Wolfsbourg.…

Need more info ?

Contact

mind's on-demand study service

  • This field is for validation purposes and should be left unchanged.