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Volkswagen India’s letter to employees hints of a massive layoff

Volkswagen might hold back its future investment plans in India

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Overdrive|May 02, 2016, 14:44:47 IST

Volkswagen India sent a letter to its employees to encourage them to work harder and meet the production targets. However, it has sparked a fear of job cut among the workforce. The German car manufacturer has warned its employees of a possibility of a job cut to compensate for the huge losses incurred in the diesel gate scandal.

Recently, the company offered to buy back around five lakh diesel cars in U.S. that were equipped with defeat...

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First Published:May 02, 2016, 14:44:47 IST
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