Get all your news in one place.
100's of premium titles.
One app.
Start reading
Motor1
Motor1
Business
Angel Sergeev

VW Offers Employees In Russia Pay-Offs To Quit Voluntarily

Listen to this article

The automotive industry in Russia has been on pause since the invasion of Ukraine started on February 24. Virtually every major manufacturer has quit the country or has ceased local operations and Volkswagen is no different. The German company is now trying to minimize the financial damage to its business and is reportedly offering pay-offs to local employees if they agree to quit VW voluntarily. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.