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r&d positions are the hardest hit by layoffs, volkswagen plans to cut 30,000 jobs

2024-09-24

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according to the latest reports from foreign media, volkswagen is planning to implement a large-scale layoff plan in germany, with the number of layoffs possibly reaching 30,000, in order to cope with the continued shrinkage of the european auto market and enhance the company's competitiveness. in this layoff storm, the r&d department will bear the brunt and become the area with the largest number of layoffs.

it is reported that volkswagen has about 13,000 r&d personnel in germany, and the department will lose 4,000 to 6,000 jobs in this layoff plan. this figure not only reveals the severe situation faced by the r&d department, but also reflects volkswagen's strategic adjustment in the context of the transformation of the global automotive industry.

this month, volkswagen has made it clear that it will significantly cut operating costs for the volkswagen brand, citing high costs, low productivity and increasingly fierce market competition as the reasons. to achieve this goal, volkswagen decided to cancel the original "no layoffs before 2029" labor agreement at six factories in germany, which undoubtedly increases the possibility of factory closures and compulsory layoffs.

oliver blume, ceo of volkswagen group, said in a statement that in the long term, it is feasible to cut about 30,000 german employees, which will account for about 10% of the company's total german employees. behind this decision is the company's firm determination to improve efficiency and respond to market changes.

at the same time, volkswagen group chief financial officer arno antlitz also revealed future investment plans. he said that volkswagen hopes to reduce its investment from 170 billion euros to 160 billion euros in the next five years to optimize resource allocation and ensure that the company can maintain its leading position in the fierce market competition.

the layoff plan not only highlights the pressure on volkswagen in the european market, but also indicates that the global automotive industry is facing unprecedented changes and challenges. whether volkswagen can achieve transformation and upgrading through layoffs and strategy adjustments is worth waiting for.