Volkswagen AG’s Brazilian unit is giving about 4,000 workers the option of taking voluntary layoff instead of moving to a spin-off company that would retrain them for other jobs. Sao Bernardo do Campo plant workers in Sao Paulo state reportedly would get 15 months’ minimum salary and compensation pay, while Taubate plant workers in Sao Paulo would receive a study payment for 12 months equivalent to 80% of their net pay. (See related story: VW Workers Protest Job Transfers) VW wants to ...
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