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8 hours ago

VW chief confirms plan to cut 50,000 jobs as board rejects plant closures

VW chief confirms plan to cut 50,000 jobs as board rejects plant closures

The chief executive of Volkswagen has confirmed plans to cut 50,000 more jobs despite the carmaker’s supervisory board rejecting his plan to shut four factories in Germany. Oliver Blume told staff on Monday that proposals for a sprawling... Read more.

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