Volkswagen announces job cuts to finance electric cars | The Citizen

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Volkswagen announces job cuts to finance electric cars

An employee passes by a Volkswagen ID. logo at the headquarters of German car maker Volkswagen in Wolfsburg on October 26, 2020.

It did not give a precise figure for those employees, saying only that it would be in the lower end of a ‘four-digit number’. Carmaker Volkswagen will shed up to 5,000 jobs between now and the end of 2023 as part of cost-cutting to finance its transition to electric vehicles, the company said in a statement Sunday.

Up to 900 employees would opt for an early retirement scheme while others would leave the company as part of a gradual halting of their activities, it said. It did not give a precise figure for those employees, saying only that it would be in the lower end of a “four-digit number”, an expression usually used to mean between 2,000 to 4,000.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

I want to use this medium to thank EricWalker01 for helping me to benefit from his platform, in just a week I got my profits without any additional fees. All thanks to him and his platform. They're indeed the best EricWalker01

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 6. in PT

Portugal Últimas Notícias, Portugal Manchetes