Latest Volkswagen HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Volkswagen.
JSW Group and Volkswagen Group are in advanced discussions to establish a standalone joint venture ...
Volkswagen employees are set to directly question CEO Oliver Blume in August as the German carmaker ...
German auto giant Volkswagen is reportedly considering one of the largest restructuring exercises in...
Automotive titan Volkswagen AG is aggressively pushing forward with its massive structural consolidation, aiming to shrink its domestic workforce by 19,000 positions before the close of 2026. The milestone was detailed by CEO Oliver Blume in prepared remarks for the company’s Annual General Meeting. The targeted reductions apply directly to Volkswagen AG, heavily impacting administrative […]
Volkswagen Group has announced a massive restructuring plan involving the reduction of 50,000 jobs across its global operations. The decision follows a significant slump in annual profits, driven by high manufacturing costs, cooling demand in the European market, and fierce competition from Chinese electric vehicle (EV) manufacturers. This move represents one of the largest workforce […]
Volkswagen Group has announced a drastic restructuring plan that includes cutting approximately 35,000 jobs in Germany by 2030. This decision marks a historic shift for Europe’s largest automaker as it struggles with high manufacturing costs, fierce competition from Chinese electric vehicle (EV) manufacturers, and a sluggish global transition to battery-powered cars. Unprecedented Plant Closures and […]
The Volkswagen Group is offering a voluntary early retirement scheme (VRS) to all 2,300 blue-collar workers across its two manufacturing facilities in India. The move is part of a broader, strategic restructuring aimed at optimizing manpower, reducing fixed costs, and strengthening the German automaker’s long-term viability in the highly competitive Indian market. Below-Capacity Operations Drive […]
Volkswagen Group is undertaking a comprehensive restructuring of its India business, according to an internal memo circulated earlier this month. The move comes in response to mounting market pressures, regulatory challenges, and a prolonged struggle to gain significant market share in the world’s third-largest automobile market. The memo, issued by Piyush Arora, Managing Director of […]
Volkswagen, Europe’s largest carmaker, is undergoing a major restructuring, with 20,000 workers in Germany agreeing to voluntary redundancy as part of a broader cost-cutting initiative. The move is part of a deal struck with unions last year, aiming to reduce the company’s workforce by 35,000 employees by 2030. The job cuts primarily affect Volkswagen’s core […]
Volkswagen, Germany’s automotive giant and the country’s largest private employer, is currently grappling with a significant dilemma. The company is considering drastic measures to stay competitive, and this includes the possibility of cutting over 15,000 jobs. Volkswagen Dilemma: The Context Volkswagen has long been a symbol of German engineering excellence, but recent challenges have shaken […]
Schaeffler AG has announced the appointment of Dr. Astrid Fontaine as Chief Human Resources Officer and as a full member of the Board of Managing Directors of Schaeffler AG, effective January 1, 2024. “We are extremely pleased that we have succeeded in recruiting Dr. Astrid Fontaine, a proven HR expert described by Automobilwoche magazine as […]
Volkswagen is planning to cut 2,000 jobs at its troubled software unit Cariad as part of a restructuring plan. The move of layoffs is part of a larger trend as companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or laid off many […]
