Wednesday, October 29, 2025
spot_img

Volkswagen CEO tells staff there are no plans to cut 30,000 jobs

spot_img
- Advertisement -

Volkswagen has no plans to cut 30,000 jobs, CEO Herbert Diess told staff in an internal video message, hoping to fix his damaged relationship with the carmaker’s works council that deteriorated further in recent weeks.

Diess said he was in talks with labour representatives on how the company’s Wolfsburg site, which the 63-year-old says lags in terms of efficiency and speed, could be transformed to better compete with new sector entrants such as Tesla.

“But the primary focus is not on job reduction, it’s about remaining competitive in the new world, with new capabilities,” he said in the video seen by Reuters.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

SAP to Hire Over 300 Professionals in India

SAP, the global leader in enterprise resource planning (ERP)...

Tech Mahindra reports attrition at 17%, to hire above 15K freshers in FY22

Yesterday, IT services provider,  Tech Mahindra has announced its Q1...

Safe Guarding Organisation Culture During The Pandemic

Safe Guarding Organisation Culture During The Pandemic Well around 6...

Hinduja Group Appoints Amit Chincholikar as Group President – HR

Hinduja Group has announced the appointment of Amit Chincholikar...

Zimyo | Webinar on Modern Performance Management Practices | Register Now

Zimyo, a unified HRMS software, and SightsIn Plus will...

Salesforce Cuts Hiring for Engineers and Customer Service Roles

Salesforce, a global leader in cloud-based software solutions, has...

HCLTech hires more than Infosys, TCS in Q3

An Indian multinational information technology services and consulting company,...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/