This was reported by the Reuters news agency with reference to internal documents of the automaker. According to experts, the brand’s management is going to significantly cut costs on office staff. At the same time, the company emphasizes that there is no talk of mass layoffs yet.
Volkswagen management plans to reduce the number of administrative personnel by sending older employees into early retirement. The head of the concern, Thomas Schaefer, in correspondence with top management, said that the need to reduce the office staff has been long overdue. At the same time, the head of Volkswagen emphasized that a larger number of tasks will not fall on fewer employees.
In addition to cutting the number of employees, Volkswagen refused to spend 800 million euros on a new development center in Wolfsburg. In addition, the concern is gradually reducing the production cycle. All these decisions are related to the company’s desire to get out of the financial crisis, which arose against the backdrop of low car sales in Europe and China. By 2026, the brand aims to cut costs by 10 billion euros.
At the end of November, the head of Volkswagen admitted that the concern had lost its competitiveness. At the same time it became known that the company would reduce the number of employees.
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