UPDATE 1-VW sweetens buyouts for German workers

Newswire

(Adds details of buyout offer, previous FRANKFURT) HAMBURG, Germany, May 31 (Reuters) - Volkswagen has sweetened buyout offers for staff and will pay up to 250,000 euros ($321,800) to senior workers who volunteer quickly to quit the bloated German workforce at Europe's biggest carmaker. In a letter to nearly 85,000 German staff seen on Wednesday by Reuters, VW presented packages linked to present salary and length of service and that start at nearly 95,000 euros. That is far more ...

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