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International Business Times
International Business Times
Business
Ann Resuma

Volkswagen Mulls Cut In Wages, Bonuses To Save 4 Billion Euros: Report

Volkswagen is reportedly weighing cost-cutting measures, including a 10% wage cut, a two-year wage freeze, and bonus restrictions for its top executives as part of its plans to save 4 billion euros.

The carmaker faces mounting pressure to reduce expenses amid a challenging economic climate.

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