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Volkswagen to Slash Up To 30,000 Jobs

Volkswagen AG announced a sweeping restructuring of its embattled VW passenger-car brand including up to 30,000 job cuts over five years, part of efforts to boost profits in the wake of the company's damaging emissions-cheating scandal.

Volkswagen to Slash Up To 30,000 Jobs

Volkswagen AG announced a sweeping restructuring of its embattled VW passenger-car brand including up to 30,000 job cuts over five years, part of efforts to boost profits in the wake of the company's damaging emissions-cheating scandal.