VW personnel chief warns of dramatic loss in jobs

Newswire

FRANKFURT, Oct 26 (Reuters) - Volkswagen AG , Europe's largest carmaker, warned its German employees of "dramatic" job cuts should employees reject management's plans to reduce labor costs considerably, VW's personnel chief said on Tuesday. "If we don't push through our cost (cutting) concept, then the volume of employees in Germany will shrink dramatically in the coming years," Peter Hartz told German daily Frankfurter Allgemeine Zeitung in an interview to be published on Wednesday. VW ...

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