Volkswagen plans to close at least 3 plants in Germany

This follows the company’s communication of these plans to employees.

All Volkswagen plants in Germany would be affected by these plans, with remaining locations also expected to downsize, Daniela Cavallo has confirmed.

She shared this information at an employee event in Wolfsburg, Volkswagen’s headquarters, though no further details were provided, according to the German Press Agency.

ad

Volkswagen operates 10 plants for its main brand in Germany, employing around 120,000 people.

The company announced in early September that plant closures and mass layoffs can no longer be ruled out to cope with rising costs. (Xinhua/NAN)

For more Naija celebrity news and updates, keep following Gist News for the latest Naija celebrity news and trends in Newspaper Nigeria Headlines.
Naija gist news
latest Naija gist
Naija news live