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VW Will Add 50,000 Jobs by 2018
Volkswagen AG plans to expand its global workforce to 600,000 employees by 2018 from 550,000 now, the company's top labor official tells German business daily Handelsblatt.
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Volkswagen AG plans to expand its global workforce to 600,000 employees by 2018 from 550,000 now, the company's top labor official tells German business daily Handelsblatt.
But most of those jobs will be added outside the EU in such countries as China, India and Russia, says Bernd Osterloh, chairman of VW's works council and a member of the company's supervisory board. Osterloh adds that VW also expects to hire more workers in the U.S. as it boosts production there.
The company currently has about 150,000 employees outside Europe compared with roughly 250,000 workers in Germany and 150,000 elsewhere in Europe.
The hiring spree will be part of VW's drive to surpass Toyota Motor Corp. as the world's top-selling automaker by 2018. Osterloh notes that VW expects most of its sales growth to occur in emerging markets.
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