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Volkswagen cuts headcount by 7,000, reduces factory costs at key VW brand
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Volkswagen cuts headcount by 7,000, reduces factory costs at key VW brand
May 25, 2025 9:31 PM

April 30 (Reuters) - Volkswagen has cut

headcount in Germany by around 7,000 since starting its

cost-cutting drive in late 2023 and reduced factory costs at the

key VW brand, its CFO said on Wednesday on a call following its

first-quarter results.

"Rest assured that we continue to drive implementation of

the agreed measures with full force," CFO Arno Antlitz said.

(Reporting by Victoria Waldersee, editing by Thomas Seythal)

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