Volkswagen of America: Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.
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Volkswagen of America is a Virginia-based automotive company that manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery.
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