Europe’s biggest car maker Volkswagen tells employees in internal memo it may cut up to 100,000 jobs; CEO Oliver Blume says: We still cannot…
Volkswagen’s CEO, Oliver Blume, is reportedly planning drastic measures to boost competitiveness, including potentially cutting up to 100,000 jobs and closing four German factories. Volkswagen has finally said the number out loud. In an internal memo to staff, CEO Oliver Blume flagged roughly 50,000 additional job cuts on top of the 50,000 already agreed across…
