Investment Education

Volkswagen to cut more than 35,000 jobs in Germany by 2030

FRANKFURT (Reuters) - Volkswagen (ETR: VOWG_p ) on Friday said it had agreed with unions to cut more than 35,000 jobs at its German sites by 2030 in a socially responsible manner, which would help achieve more than 15 billion euros ($15.65 billion) in efficiency gains.

($1 = 0.9588 euros)