Frankfurt, Germany, June 3, 2025 (AFP) - Around 20,000 VW workers agree to buyout amid overhaul

NAMPA / AFP

2025-06-03

Around 20,000 Volkswagen workers in Germany have so far agreed to take voluntary redundancy as part of a major overhaul aimed at cutting costs, the struggling auto titan said Tuesday. Europe's biggest carmaker, hit by fierce competition in key market China and a stuttering shift to electric vehicles, struck a deal with unions last year for massive job cuts in its home market. About 20,000 workers had so far accepted redundancy offers, out of a t......

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