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VOW Volkswagen AG

134.90
1.50 (1.12%)
14:22:41 - Realtime Data
Share Name Share Symbol Market Type
Volkswagen AG TG:VOW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 1.12% 134.90 134.80 135.10 135.80 133.50 133.80 6,911 14:22:41

Audi to Cut 9,500 Jobs in Germany -Handelsblatt

26/11/2019 12:44pm

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--Volkswagen's luxury car maker Audi plans to cut 9,500 jobs in Germany as part of a restructuring plan, German daily Handelsblatt reports, citing unnamed sources.

--Audi will rule out forced redundancies and plans to offer job guarantees for the remaining 50,000 employees at its core Ingolstadt and Neckarsulm sites, according to the report.

--The company plans to create 2,000 new jobs in other areas, Handelsblatt says.

 

Full story in German: https://bit.ly/2Dk71Wq

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 26, 2019 07:29 ET (12:29 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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