Volkswagen said inward an unpleasant statement yesterday that it would hand notice 5,000 to 7,000 employees yesteryear 2023 every bit occupation of an austerity innovation to fund large investments for the evolution of an autonomous electrical car.
"Due to the automation of routine operations, the companionship estimates that 5,000 to 7,000 jobs volition survive abolished from today to 2023," VW said inward a press release.
In their statements, senior executives of VW ruled out the possibility of compulsory redundancies yesteryear 2025, making it clear that the reduction inward staff volition survive due to the early on retirement of its employees.
