UPDATE 2-Volkswagen eyes job cuts in push to slash costs

Newswire

(Recasts with comments from conference call, updates share) By Michael Shields, European Auto Correspondent FRANKFURT, Aug 24 (Reuters) - German carmaker Volkswagen raised the prospect of job cuts as a way to slash its manufacturing costs and compete in a global market that shows no mercy to inefficient players. Warning that the future of carmaking in western Europe was at risk, Chief Executive Bernd Pischetsrieder said on Wednesday VW must be able to export vehicles at a profit even ...

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