Companies / Brazil
Double The Job Cuts At VW Brazil
June 2006 | Company Finance AlertThe Brazilian unit of German carmaker Volkswagen is engaging in a two-pronged strategy for reducing its workforce. The local metalworkers union claims that its has been informed of 3,000 job cuts either later this year or in early 2007, with a total of between 4,000 and 6,000 jobs to go by 2008. VW's management refuses to discuss the actual number of job cuts outside of official negotiations with the
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