Volkswagen Plans to Shut German Plants, Putting 40,000 Jobs at Risk
WOLFSBURG/BERLIN — German automaker Volkswagen is reportedly planning to completely halt vehicle production at its Zwickau and Emden factories within the next five years, a move that would put roughly 40,000 jobs at serious risk, according to sources.The company is preparing for a major organizational overhaul that could see production shut down at several German…
