German carmaker Volkswagen plans to cut up to 30,000 jobs.
A few days ago, the Bild newspaper informed its readers that Volkswagen management had rescinded the employment guarantees for its employees, which had been included in their employment contracts since 1994. This opened the way for legal staff reductions. And a source at the car manufacturer told journalists that the number of employees, currently around 130,000, will be reduced by 30,000 in the medium term. That is, almost one in four workers.
Volkswagen boss Oliver Blume He justified the austerity course by the fact that more and more new players are entering the European automotive market, primarily from China. In addition, Germany, on its own initiative, stopped buying cheap energy resources from Russia.
