Volkswagen is in crisis it can close plants and eyeing for pay cuts and no increment says a report

Volkswagen is in crisis it can close plants and eyeing for pay cuts and no increment says a report

Cost Cutting Plan: The world’s leading car manufacturing company Volkswagen has also fallen into crisis. The company has prepared a big cost cutting plan. Under this, many plants of the company will be closed. Besides, salary will also be cut by 10 percent. Apart from this, the possibility of layoff is also being expressed. Information regarding this will be given to the employee union soon. This is a big shock for the employees of the company. Increment will not be given and chances of reduction in bonus also Based on…

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