Volkswagen Sees 'Painful' Cost Cuts Ahead As Profit Plunges
- Posted on October 30, 2024
- By International Business Times
- 1 Views
Volkswagen Sees 'Painful' Cost Cuts Ahead As Profit Plunges
Ailing auto giant Volkswagen warned Wednesday that "painful" cost cuts were unavoidable as third-quarter profit plummeted, fuelling tensions with unions which fear mass job losses and factory closures on home turf Germany.