VW Slashes 7,000 Jobs to Refocus on Electric Cars

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Volkswagen will cut up to 7,000 administrative jobs over the next five years as it focuses on technology

BERLIN—Volkswagen AG’s namesake brand said Wednesday it would cut up to 7,000 administrative jobs over the next five years as the company focuses its spending on technology.

Volkswagen is spending billions to develop and produce electric vehicles outfitted with state-of-the-art communications and infotainment systems. To unlock capital for these investments, it is also modernizing its processes from the office tower to the factory floor.

 

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armynavymom

its all about the money it cost more to own an rent so it means more money in the super rich pockets

Which has always been the bigger culprit of jobs stealing

With IA and Robotic assembly the manual labor force will be severely hurt. Did Voltswagen bite Elon Musk manufacturing edge?

Robots need less supervision? Hehe

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