Vw Volition Burn 5,000 To 7,000 Employees Yesteryear 2023

Volkswagen said inward an unpleasant annunciation yesterday that it would destination 5,000 to 7,000 employees yesteryear 2023 every bit business office of an austerity invention to fund large investments for the evolution of an autonomous electrical car. 

"Due to the automation of routine operations, the fellowship estimates that 5,000 to 7,000 jobs volition last abolished from today to 2023," VW said inward a press release. 

In their statements, senior executives of VW ruled out the possibility of compulsory redundancies yesteryear 2025, making it clear that the reduction inward staff volition last due to the early on retirement of its employees.