Report: VW Considers Longer Working Hours for 100,000 Employees
3 Articles
3 Articles
VW CEO Oliver Blume is planning a hard austerity course: Up to 100,000 jobs could be lost, and holidays and working hours are also under discussion.
The Group relies on longer working hours against the crisis. Whether a future for the weakening car manufacturer will become a result, however, does not decide on the clock.
Following discussions at Mercedes and Bosch, Germany's largest car manufacturer Volkswagen is now considering extending the working hours of its more than 100,000 employees in Germany. As the "Handelsblatt" reports, citing corporate circles, the management sees this as a lever to reduce costs per hour of work and make local locations more competitive. There is no demand for a 38- or 40-hour week at VW so far. In the so-called review meeting with…
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