( 9a ) -q-22- UNDATED (Correspondent Jeremy House) “criticized the possibility.” Volkswagen says it’s not getting the cost reductions that it needs. [CutID: <Cuts> VW-LAYOFFS-house-q-TUEam.mp3 Time: 22s Title: VW-LAYOFFS-house-q-TUEam Out-cue: criticized the possibility] TAG: Correspondent Jeremy House reporting. ———————————— VERBATIM: Because of this, the car maker won’t rule out plant closings in its home country […]
Audio
Volkswagen aims to cancel a no-layoffs pledge and won’t rule out closing plants in Germany
( 9a ) -q-22- UNDATED (Correspondent Jeremy House) “criticized the possibility.”
Volkswagen says it’s not getting the cost reductions that it needs.
[CutID: <Cuts> VW-LAYOFFS-house-q-TUEam.mp3
Time: 22s
Title: VW-LAYOFFS-house-q-TUEam
Out-cue: criticized the possibility]
TAG: Correspondent Jeremy House reporting.
————————————
VERBATIM: Because of this, the car maker won’t rule out plant closings in its home country Germany. CEO Oliver Blume is also saying the company needs to end its job protection promise in effect since 1994 which bars layoffs through 2029. Germany’s industrial union and VW’s top employee representative have sharply criticized the possibility.