Germany: Volkswagen creates new structures to accelerate job cuts

Featured image of the article Germany: Volkswagen creates new structures to accelerate job cuts
With at least 20,000 early departures already confirmed, Volkswagen's plan to reduce its German workforce appears to be on schedule. However, the extensive restructuring at Europe's leading car manufacturer, which is expected to generate annual savings of €1.5 billion, is far from complete, and the automotive giant has developed an internal mobility and external redeployment scheme comprising a 'transformation office' and a 'prospects workshop'.
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Six months on from the signing of a crisis agreement providing for 35,000 job cuts (out of 130,000 jobs in Germany) without compulsory redundancies by 2030, what is lay of the land at Volkswagen? The group’s personnel director Gunnar Kilian gave a first glimpse of this at a staff meeting at the parent plant in Wolfsburg on 3 June. “Around 20,000 departures from the company by 2030 are already contractually agreed,” he explained, adding that the process was proceeding according to schedule. Thes

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