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Volkswagen Plans 50,000 Job Cuts Due To Plunging Profits; Board Members Grab €1.75MM Each In Bonuses
Volkswagen Plans 50,000 Job Cuts Due To Plunging Profits; Board Members Grab €1.75MM Each In Bonuses Authored by Thomas Brooke via Remix News, German automaker Volkswagen plans to cut around 50,000 jobs in Germany by 2030 as profits slump and the company struggles with rising costs, tariffs, and declining margins.…
Read full article at Zerohedge →