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Volkswagen CEO aims to cut up to 100,000 jobs in next years, Manager Magazin reports

Volkswagen CEO aims to cut up to 100,000 jobs in next years, Manager Magazin reports 

- Volkswagen VOWG.DE CEO Oliver Blume aims to slash up to 100,000 jobs from its current workforce worldwide over the next few years, Manager Magazin reported on Friday.

The magazine also said Blume intends to reduce investment by around 15% to just over €130 billion ($148 billion) over the next five years.

($1 = 0.8794 euros)


(Reporting by Thomas Seythal, editing by Linda Pasquini)

((berlin.newsroom(at)thomsonreuters.com; +49 30 2201 33514;))

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