Volkswagen’s light commercial vehicle operations, Volkswagen Commercial Vehicles, will reduce its workforce.
A spokesman told Automobilwoche the company has decided to cut the number of employees due to the economic downturn. This means hourly workers’ contracts won’t be renewed.
There were no details of the number affected or the time span. But a Hanover paper at the end of last week said the first workers would start leaving at the end of this month.
Volkswagen Commercial Vehicles reported record sales up 2.9% year on year to 503,025 vehicles last year. The T5 was the top selling model at 178,000 units, down slightly on the 191,200 units delivered in 2007.
The company wants to sell 750,000 a year by 2015.
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By GlobalData