VW truck maker MAN plans to cut back up to 9,500 jobs

BERLIN (AP) — Truck and bus maker MAN, a subsidiary of Volkswagen, talked about Friday that it plans to shed up to 9,500 jobs worldwide as segment of a mark-cutting force.

MAN talked about the deliberate kit of measures is intended to pork up the firm’s working end result by about 1.8 billion euros (about $2 billion) and can fill a “classic restructuring” of all areas of its enterprise.

It talked about that “a partial relocation of one of the enchancment and manufacturing processes to other web sites is deliberate” and that vegetation in Steyr, Austria and in Plauen and Wittlich, Germany “are up for discussion.” The firm plans to inaugurate negotiations soon with employee representatives on the notion.

The auto and truck enterprise has taken a enormous hit at some stage in the pandemic, as sales plunged in markets across the realm.

Leave a Comment