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VW May Cut 3,000 White Collar Jobs in Germany
Volkswagen AG is preparing to eliminate about 3,000 office jobs in Germany in preparation for the financial impact of redressing its diesel emission scandal.
News of the impending layoffs was first reported by German news agency DPA.
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Volkswagen AG is preparing to eliminate about 3,000 office jobs in Germany in preparation for the financial impact of redressing its diesel emission scandal.
News of the impending layoffs was first reported by German news agency DPA. VW has declined to confirm the plan. But it tells Reuters the VW brand has begun an “efficiency program that is affecting all areas, including personnel costs.”
The layoffs would be completed by the end of 2017. A VW source notes the reduction could be made by trimming contract employees and not filling vacancies for fulltime jobs.
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