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      03-14-2021, 11:19 PM   #1
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VW to cut up to 4,000 jobs via early retirement

Interesting that VW is announcing this now. Vehicle sales have been pretty strong in the US. Not sure about ROW. Last I heard, Chattanooga was producing at a brisk pace.

Possibly the German job market will start to feel impacts such as this, because of a delayed reaction to 2020's global "event". It could be a cultural difference between German and US companies. In the US it's comment to cut early, deep and repeatedly when the sniff of a crisis is on the winds. It seems German corporations take a more measured and thoughtful approach in times of difficulty.


https://www.reuters.com/article/us-v...-idUSKBN2B60CY
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