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Updated March 13, 2019 at 11:22 am
VW has announced, in addition to the job cuts already decided for the coming years, new job cuts. The automaker announced Wednesday. The goal is also the automation of work processes to increase the annual profits of companies.
The Volkswagen Group plans to cut another 5,000 to 7,000 jobs in the next five years for its main brand, VW Passenger Cars.
As the group announced Wednesday in Wolfsburg, VW wants to automate routine tasks and, among other things, improve from 2023 profits of 5.9 billion euros per year. Jobs should not be filled when employees leave age-related.
In conclusion, VW is currently investing a lot of money in modern computer systems. This leaves room for management to reduce costs by cutting jobs.
For several days, a further downsizing of the VW brand in the room. In addition, Volkswagen wants to reduce the variety of models and material costs.
With previous austerity programs, VW has already achieved a lot, "said Ralf Brandstätter, head of daily VW brand operations:" But we still have a lot more to do to meet the challenges ahead even after 2020. "
30,000 jobs affected worldwide
In the fall of 2016, the company had already put in place a major savings program with its employees, which will continue until the end of 2020.
It plans to cut 30,000 jobs worldwide, including 23,000 in Germany. In return, 9,000 jobs will emerge in areas such as software development, with operational layoffs being phased out by 2025.
The program is expected to improve revenues by 3.7 billion euros from 2020 and significantly increase plant productivity.
The VW boss, Herbert Diess, wants to pay with the new savings as well as the investment in the transition to electric models and digitization.
The VW brand missed its return targets last year, especially because the problems associated with the new WLTP exhaust and consumption test were very expensive.
Since the approvals were missing after the new test, only a limited range of models could be sold. (DPA / MWO)
With real estate, cars or chocolate bars, they make billions. In 2019, the American economic magazine Forbes once again evaluated the assets of the richest women in the world. How Francoise Bettencourt Meyers got her $ 49.3 billion in first place, as they see in the gallery.
Teaser image: © photo / dpa alliance
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