Germany: Volkswagen to cut 30,000 jobs worldwide

Volkswagen will cut 30,000 jobs by 2020 as part of a savings plan to help the car giant recover from the dieselgate emissions scandal, the VW board announced at a press conference at the VW headquarters in Wolfsburg, Friday.
Herbert Diess, CEO of the Volkswagen Passenger Cars brand, said that in Germany alone, 23,000 will be cut, but "there will be no operational redundancies, the cuts will mostly be done with fluctuation and partial retirement."
Bernd Osterloh, President of the Volkswagen Group Works Council, admitted that "the work council cannot prevent the board to employ less workers in the future if they want to," while VW Board Member for Human Resources, Dr Karlheinz Blessing, stressed that "with this program we also guarantee hundreds of thousands of jobs in the corporation and in the brand worldwide."

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