Volkswagen Reduces Workforce and Factory Costs in Germany
(Reuters) - Volkswagen has cut headcount in Germany by around 7,000 since starting its cost-cutting drive in late 2023 and reduced factory costs at the key VW brand, its CFO said on Wednesday on a call following its first-quarter results.
"Rest assured that we continue to drive implementation of the agreed measures with full force," CFO Arno Antlitz said.
(Reporting by Victoria Waldersee, editing by Thomas Seythal)
