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Old 18 November 2016, 03:39 PM
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Psihala Psihala is offline
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Icon402 Volkswagen to Shed 30,000 Jobs, Cutting Costs After Scandal

Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.
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Old 21 November 2016, 05:28 AM
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Don Enrico Don Enrico is offline
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At a news conference at Volkswagen's headquarters in Wolfsburg, company officials said 23,000 of the job cuts will be in Germany.
When the scandal about the rigged cars first came to light, Volkswagen declared that "there will be no jobs lost about this". Now, it's not becaused they messed up, but because of a "wide-ranging restructuring"...

In some German towns, most notably Wolfsburg, Volkswagen is the biggest employer. In Wolfsburg with it's 125.000 inhabitants, VW is offering some 50.000 jobs, not counting subcontractors and the baker shop where the workers get their breakfast.

This could get hard form some towns.
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Old 21 November 2016, 12:55 PM
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And the other businesses in the town are probably largely supported by the wages of Volkswagen employees. It's what happened in a number of "Rust Belt" (and other) towns in the US, only this time it's down to intentional corruption.
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Old 09 January 2017, 03:24 PM
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Default FBI said to arrest VW exec, taking emissions scandal to new level

The FBI has arrested a Volkswagen executive on charges of conspiracy to defraud the United States, The New York Times reports, citing two people with knowledge of the arrest.

The move, says the Times, marks “an escalation of the criminal investigation into the automaker’s diesel emissions cheating scandal.”
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