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INTERNATIONAL HOMEPAGE · GLOBAL ·

Volkswagen to axe up to 100,000 jobs in sweeping cost-cutting drive

As reported by International homepage
Restructuring follows blockbuster sale of marine engines unit to US private equity firm Bain
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Volkswagen is implementing a massive cost-cutting drive, planning to axe up to 100,000 jobs globally. This extensive restructuring follows the recent blockbuster sale of its marine engines unit to US private equity firm Bain. The move aims to streamline operations and improve…

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