Kudos to: VW Says 9,300 Have Agreed So Far To Early Retirement In Cost Cutting Move

No Layoffs:  VW Says 9300 Have Agreed So Far To Early Retirement In Cost Cutting Move

Volkswagen said close to 9,300 staff had agreed to an early retirement scheme, helping the automaker to bring down costs.

“We are rapidly approaching our target of 9,300 contracts signed. Employees who wish to take partial early retirement must make their decision by July 31,” VW board member for human resources, Karlheinz Blessing, said in a statement on Tuesday.

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