April 18, 2024 20:45 (IST)
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Volkswagen to cut 30,000 jobs?
Berlin, Nov 18 (IBNS): German motor giant Volkswagen is likely to cut 30,000 jobs in the next three years, media reports said on Friday.
"Volkswagen is cutting 30,000 jobs over the next three years as it tries to boost profits in the wake of a huge emissions scandal," CNNMoney reported.
The majority of the job cuts, which will stand for 23,000, is likely to take place in the home market, reports said.
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