Volkswagen says to cut 400 jobs in S.Africa


JOHANNESBURG, Jan 30 (Reuters) - German carmaker Volkswagen will axe 400 jobs in South Africa as it scales back production due to falling demand in its home market and for exports. The company said in a statement it would halt production in the last week of February and during the weeks before and after the Easter weekend and will lay off 400 workers on a voluntary basis. Volkswagen stressed the short-term fall in demand did not affect its commitment to South Africa adding it would not ...

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