Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...

who leads the council representing the company’s employees in Germany, told a gathering of workers at Volkswagen’s home plant in Wolfsburg that the proposed closures were part of a plan that ...

BERLIN — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings ...

Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...

Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, ...

Volkswagen, the largest employer in Germany, is facing increased competition from China and weakening demand.

Volkswagen’sVOW30.59%increase; green up pointing triangle works council said the auto giant aims to shut at least three factories in Germany, downsize its remaining plants and lay off tens of ...

Auto giant Volkswagen is planning a major restructuring on its home turf. That will entail three plant closures in Germany, ...

Volkswagen plans to close at least three factories in Germany and lay off tens of thousands of employees. According to SEB ...

Volkswagen aims to shut at least three factories in Germany, downsize its remaining ... held a speech at the company’s main plant in Wolfsburg Monday morning and said the plans include cutting ...

It’s been almost a year since Volkswagen broke the news that it was considering closing its first plant in Germany in its 87-year history. CEO Oliver Blume told employees that a three-decade-old ...

LONDON (Reuters) -Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands ... the other side offers >10% wage cut plus factory closures. "It will not be easy ...