Volkswagen Plans 30,000 Job Cuts Worldwide (bbc.com)
Volkswagen has announced plans to cut 30,000 jobs worldwide with about 23,000 of the losses borne in Germany. From a report on BBC:VW, still dealing with the aftermath of the emissions-cheating scandal, aims to rejuvenate its core brand, and develop new electric and self-driving cars. VW says it will create 9,000 jobs as part of investments in new products. The cuts should bring annual savings of $3.92bn by 2020. VW and unions have been hammering out a plan to revive its fortunes since June. Volkswagen chief executive, Matthias Mueller, said it was "the biggest modernisation programme in the history of the group's core brand." "The VW brand needs a real shake-up and that is exactly what the future pact has turned out to be," he added. The car giant -- which employs 610,000 people in 31 countries -- wants to increase the brand's profit margin from 2% to 4% and to do this it will need to improve productivity at its German plants by 25%.
VW will stop providing welfare to 30K that apparently weren't needed in the first place.
is what I'm guessing this is. Notice there's a lot of talk about shaking up the brand and very little about sales figures dropping. Nobody really cared much about this scandal except the shareholders who are gonna see VW's cash reserves (slightly) eaten into.
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It's always the employees (and their families) who end up suffering for poor management decisions.
Cheat. Get Caught. Pay fines. Lay off Employees.
I am not interested in articles about life extension advancements.
Its a good thing that Germany recently got a whole bunch of educated, civil, and German speaking refugees.
I presume these layoffs are managers and executives who presided over the wanton illegality perpetrated by VW over most of recent memory. Laying these people off makes good business sense seeing as they are overpaid and mostly cost the company $$$ in civil and criminal penalties.
Because this was never about getting a fair compensation for the supposed damages caused. This was all about hitting hard and as hard as possible on a large competitor in a lucrative market. $19 billion for this extra emission? Remember that their own GM f.ex. only had to pay a token sum of a few tens of millions for their own cheating, which caused dozens of immediate deaths.
The new Beetles coming out next year will have 958 horsepower, and get 134 miles per gallon, and will pass California's smog check.
I used to own a Passat years ago. Easily the worst car I ever owned, but it was the wife's pick. Thing about it was that all repairs were expensive, thanks to VW's practice of replacing entire modules if there was just a small thing wrong. Like if your indicator LED on your dashboard stopped working, the entire front panel needed to be replaced.
It would be one thing to have that on Mercs, Beamers or Porsches, but I just couldn't justify that on a VW
The company reports 30,000 upcoming, but it'll be much more in the end when the story is forgotten and nobody's watching. The company has implemented a cheating device that reports fake numbers when the press and incestors are watching: they call it the PR Department...
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Well, obviously if these workers are unnecessary after the revelation of the existence of the software to circumvent environmental regulations, then one can conclude that the number of people whose sole job was to develop and implement such software as well as those hired just to cover it up and lawyers to try to get out of liability for it must equal 30,000 people!
Of course, we first have to lay off 23.000, and it goes without saying that those 9.000 will be hired via temp agencies and only if you offer us some kickbacks, else we're going to build those cars in Romania.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
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to do this it will need to improve productivity at its German plants by 25%.
That would be quite an accomplishment for a modern factory already optimized to tilt. Perhaps they are measuring productivity at a different level and increase the average unit price of the products from these factories by 25% without increasing the bill of materials and labor.
My Passat was fun to drive, but only on the days when the car actually worked. Unfortunately, there were not enough of those days. Over the course of six months, I spent about $3600 at the dealership on a wide variety of problems. Each time, I thought the car would be OK for a while. And it was -- for about a month. After a while, I realized I was spending about $600/month to drive a 5-year old car. It would be cheaper to buy a new car whose payments are less than $600/month and drive that instead. So I did. I owned several VWs up to that point, but never again.
Management fucks up and does something thats illegal, they "recover" by laying off line workers, as if that was ever the problem.
Must be all those Mexicans pouring over their border.
Look, we have three things to consider, that impact VW.
One, emissions. Verify, don't trust. Random driving by humans in all terrain, with stops and in-city and country separate. Is it as easy as doing in a building? No. But they will game the system. So put a diaper gas bag on that baby.
Two, electric cars. Battery life in real world applications with different usage in desert, mountains, city, and moderate temp. Again, field tests, not just in buildings.
Three, for the most part, trust the stats for electrics, hard to gin those up in field tests. But never trust the stats for fossil fuel cars, those they will always try to fake the emissions. And it's not just VW that does that.
-- Tigger warning: This post may contain tiggers! --
Went right over your head...
Muvh to do about a silly typo. Vompounded by a lavk of simple proofreading before sending. (v=c) Has led this thread to risk potential accusations of prejudice on several levels, even though locker room humor is apparently back in vogue in the USA.
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