2 min of reading

0 comments

Volkswagen Chief Announces Mass Layoffs for 2024, Alongside Unprecedented Cost Cuts of Up to 10 Million Euros

Written by Roberta Souza

Published on 01/12/2023 at 08:17

Automotive

Foto: Reprodução UOL / Abril de 2018

Be the first to react!

The Loss of Competitiveness in the Automotive Market Was the Reason Presented by the CEO of Volkswagen for the Announced Cuts and Layoffs

The CEO of Volkswagen, Thomas Schäfer, made impactful statements during a meeting in Wolfsburg, informing that Volkswagen has lost its competitiveness due to structures, processes, and tax costs. This revelation raises questions about the future of the German automotive giant, which is already planning substantial cuts and layoffs for 2024, as reported by Estadão.

Schäfer points to the need for a deep revision of the company’s internal structures, processes, and cost reduction and layoffs to restore the competitiveness lost over the years and hopes to remain firm in the market despite challenges.

Planned Cuts and Announcement of Layoffs by the Automaker

In response to the challenges, Volkswagen has outlined plans for cuts and layoffs by 2024. The plan aims to reduce costs by up to 10 million euros, as emphasized by Gunnar Kilian, a member of the Human Resources Board. This reduction will be partially recovered through agreements and early reforms. The anticipation of layoffs is an imminent reality as the German automaker seeks to adapt quickly to changes in the automotive market.

ARTICLE CONTINUES BELOW

The Impact of the Name of the Automaker Volkswagen

Despite the announcement of cuts and layoffs, Volkswagen has a rich history, being responsible for some of the most iconic and popular cars over the years. Models like the Beetle, Golf, and Passat have become an integral part of automotive culture.

Furthermore, the automaker has a wide range of models, from compact, fuel-efficient cars to premium vehicles and SUVs. This diversity contributes to its relevance in different market segments and is always seeking technological innovations in the automotive industry. Whether in terms of fuel efficiency, safety, or connectivity, VW constantly strives to incorporate cutting-edge technologies into its vehicles.

0 Comments

most recent

older Most voted

Built-in feedback

View all comments

Tags

cortes demissão demissão em massa demissão Volkswagen demissões Volkswagem

Roberta Souza

Autora no portal Click Petróleo e Gás desde 2019, responsável pela publicação de mais de 8.000 matérias que somam milhões de acessos, unindo técnica, clareza e engajamento para informar e conectar leitores. Engenheira de Petróleo e pós-graduada em Comissionamento de Unidades Industriais, também trago experiência prática e vivência no setor do agronegócio, o que amplia minha visão e versatilidade na produção de conteúdo especializado. Desenvolvo pautas, divulgo oportunidades de emprego e crio materiais publicitários direcionados para o público do setor. Para sugestões de pauta, divulgação de vagas ou propostas de publicidade, entre em contato pelo e-mail: santizatagpc@gmail.com. Não recebemos currículos

Volkswagen Chief Announces Mass Layoffs for 2024, Alongside Unprecedented Cost Cuts of Up to 10 Million Euros

The Loss of Competitiveness in the Automotive Market Was the Reason Presented by the CEO of Volkswagen for the Announced Cuts and Layoffs

Planned Cuts and Announcement of Layoffs by the Automaker

The Impact of the Name of the Automaker Volkswagen

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

Stored for over 100 years, the first underwater tunnel in Latin America receives a decisive boost with a loan of R$ 2.5 billion signed in April and promises to connect Santos and Guarujá, on the coast of São Paulo, in just 5 minutes.

Chinese engineers begin filling a 217-meter dam at an altitude of 3,000 meters and prepare a 2,240 MW hydroelectric power plant to integrate hydropower, solar, and wind energy in the upper Jinsha.

Giant turbines on the seabed of Scotland have been generating clean energy for nearly a decade without interruption, and now the big promise is that tidal power could solve the biggest problem of solar and wind energy: the unpredictability that no one has been able to overcome until today.

End to hidden speed cameras? Deputy proposes new law to prohibit “covert enforcement,” including portable equipment, and could impact millions of drivers across Brazil with new traffic rules.

20 years of NASA satellites put the planet’s freshwater on alert by revealing that continents have already lost reserves on an unprecedented scale, with aquifers, rivers, and agricultural areas under pressure in 101 countries that concentrate 75% of the world’s population.

Study for free at the Federal Institute: IFSP has open registrations for free online courses on aircraft electrical and ignition systems with a certificate – Find out what you need to participate!

NASA’s rover finds on Mars a strange “dragon skin” pattern that looks like honeycomb and catches scientists’ attention.

Historic opportunity: stalled solar energy from the Northeast opens a window, and Mato Grosso do Sul seeks to attract billions in stalled projects, promising economic transformation and national leadership in the sector.

Volkswagen Chief Announces Mass Layoffs for 2024, Alongside Unprecedented Cost Cuts of Up to 10 Million Euros

The Loss of Competitiveness in the Automotive Market Was the Reason Presented by the CEO of Volkswagen for the Announced Cuts and Layoffs

Planned Cuts and Announcement of Layoffs by the Automaker

The Impact of the Name of the Automaker Volkswagen

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

Stored for over 100 years, the first underwater tunnel in Latin America receives a decisive boost with a loan of R$ 2.5 billion signed in April and promises to connect Santos and Guarujá, on the coast of São Paulo, in just 5 minutes.

Chinese engineers begin filling a 217-meter dam at an altitude of 3,000 meters and prepare a 2,240 MW hydroelectric power plant to integrate hydropower, solar, and wind energy in the upper Jinsha.

Giant turbines on the seabed of Scotland have been generating clean energy for nearly a decade without interruption, and now the big promise is that tidal power could solve the biggest problem of solar and wind energy: the unpredictability that no one has been able to overcome until today.

BYD Song Pro comes with a flex-fuel engine, a refreshed look, and power of up to 235 hp to attract attention in Brazil.

The car that Chevrolet will bring to Brazil to face BYD Dolphin and Geely EX2 later this year is already a phenomenon in China and wants to repeat the buzz here.

Better than Corolla? Used Arrizo 6 delivers luxury and turbo engine for the price of a compact

The BYD Tai S Ti7 bets on a boxy design and could become the top-of-the-line model in Brazil with 488 hp, over 70 kgfm of torque, 0 to 100 in 4.9 seconds, 5.1 meters in length, and a range exceeding 900 km.

‘All in one’: revolutionary engine comes to life with a 1.5-liter [engine] of up to 163 hp, two electric motors, and a compact hybrid system that promises to transform any electric car into a long-range hybrid

End to hidden speed cameras? Deputy proposes new law to prohibit “covert enforcement,” including portable equipment, and could impact millions of drivers across Brazil with new traffic rules.

20 years of NASA satellites put the planet’s freshwater on alert by revealing that continents have already lost reserves on an unprecedented scale, with aquifers, rivers, and agricultural areas under pressure in 101 countries that concentrate 75% of the world’s population.

Study for free at the Federal Institute: IFSP has open registrations for free online courses on aircraft electrical and ignition systems with a certificate – Find out what you need to participate!

NASA’s rover finds on Mars a strange “dragon skin” pattern that looks like honeycomb and catches scientists’ attention.

Historic opportunity: stalled solar energy from the Northeast opens a window, and Mato Grosso do Sul seeks to attract billions in stalled projects, promising economic transformation and national leadership in the sector.