“VW” intends to lay off thousands of workers

Company plans to “Volkswagen” the German auto industry demobilization of about 25 a day working system in an effort to rationalize the current expenditures and the face of declining car sales, in response to the repercussions of the global financial crisis and its negative effects on the automobile industry.

In a sign of the repercussions of the global financial crisis on the automotive sector reported solid, according to sources familiar with the Volkswagen German automaker spent about 25 thousand workers and day laborers going to cut production.

The newspaper “Frankfurter Allgemeine Zeitung,” the German suggestion of such procedures and harsh austerity came at a meeting of the company’s Board Chairman Martin Ventr about 500 of its employees in the city of Wolfsburg adults, the headquarters of the giant company to produce cars.

The Ventr statements conveyed by the German television, “Deutsche Welle” that Volkswagen “will not be free from cruel blows”, in reference to the crisis of global financial markets

Amandamemo

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