1+ week, 1+ hour ago   (396+ words) Taoiseach Micheál Martin has defended his response to a garda investigation into party colleague Malcolm Byrne, who is set to appear in court on drink driving charges. Mr Byrne was stopped at a mandatory Garda checkpoint in Dublin’s city centre…...

1+ week, 3+ day ago   (225+ words) Volkswagen announced Thursday that it will cut another 50,000 jobs worldwide under its biggest restructuring in the company's 89-year history, as the German carmaker faces pressure from US tariffs, overcapacity and fierce competition from Chinese rivals. The plan also sets out…...

1+ week, 7+ hour ago   (147+ words) Struggling German auto giant Volkswagen says its supervisory board has approved a massive cost-cutting plan. The carmaker will now start discussions on how to proceed with around 100,000 job cuts and the closure of four factories in Germany. The automaker said…...

1+ week, 2+ day ago   (416+ words) Volkswagen 's major restructuring plan has received the green light: the board of directors has given final approval to the project, which calls for the cuts of 50 jobs. At the same time, the German government also approved the agreement with…...

1+ week, 2+ day ago   (326+ words) Volkswagen CEO Oliver Blume described the wider plan as a strong indication of the group’s future direction. The newest restructuring package calls for about 50,000 additional job cuts, which includes management positions. These reductions come on top of around 50,000 jobs already…...

1+ week, 2+ day ago   (521+ words) The company also plans to reduce its model portfolio by 50% by 2035, with the North American market shifting towards higher-margin vehicles. The goal of Future Plan 2030 to have a leaner corporate structure and more effective use of capital. The automaker is…...

1+ week, 2+ day ago   (317+ words) By 2030, we'll be looking at a very different Volkswagen Group to what we have now Over the next few years, Volkswagen Group is going to look dramatically different than the automaker we know today. The company’s board of directors approved…...

1+ week, 2+ day ago   (261+ words) The automaker says it intends to reduce the complexity of its offerings by 75 percent, with fewer variants and stronger economies of scale. Volkswagen’s new future is officially underway after the German automaker’s Supervisory Board unanimously approved the Executive Board’s Future…...

1+ week, 3+ day ago   (109+ words) Volkswagen will cut another 50,000 jobs, taking the total to 100,000. The supervisory board vote was unanimous, and half of it represents the workforce....

1+ week, 3+ day ago   (525+ words) Volkswagen's supervisory board has unanimously approved a sweeping restructuring that will eliminate a total of 100,000 positions and cut the automaker's model range in half by 2030, according to the Guardian. The newly confirmed round of 50,000 job losses comes on top of…...