Volkswagen Reportedly Planning to Cut 100,000 Jobs in Historic Overhaul

What’s Happening at Volkswagen?

Volkswagen is reportedly planning to cut approximately 100,000 jobs and close 4 German plants.

The historic overhaul at the automaker — expected to take place over the coming years — is aimed at helping it counter intensifying competition from Chinese car brands.

Impact on Canadian Staff

It remains unclear if Canadian employees at Volkswagen are affected by the planned restructuring.

According to LinkedIn, the company currently has more than 200 workers in the country.

Source

Manager Magazin provided new information on Volkswagen’s planned restructuring — it’s largest overhaul in its 89-year history.

More Volkswagen Layoff Coverage

For a full overview of layoffs at Volkswagen and the rights that non-unionized employees in Canada have in this situation, see our Volkswagen Layoffs & Severance Guide.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.