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VW Cuts Workers As Brand Deemed "No Longer Competitive"

27 Nov 2023 | Abstracted from Jalopnik

"Volkswagen's higher-ups have decided the people's brand isn't extracting enough money from the people, so they've decided to cut costs to compensate. By firing more people.

"...brand chief Thomas Schaefer warned that high costs and low productivity were making its cars uncompetitive....downsizing is being handled humanely, at least, with 'partial or early retirement' covering the sum total of the layoffs."



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