Report: VW to suggest extra job cuts, model spinoffs | DW News

According to a new German media report, Volkswagen CEO Oliver Blume is set to propose a more radical overhaul of the company to its supervisory board, including 50,000 more job cuts, factory closures and potential spinoffs of some of the group’s 10 brands, including the Volkswagen brand itself. The Dip host Daniel Winter speaks with Business reporter Steven Beardsley about the proposal and its potential consequences.

#dwbusiness #volkswagen #germany

For more news go to: http://www.dw.com/en/

Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews

Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1