VW HR leader says expects 5-digit number of job cuts

BERLIN/FRANKFURT Volkswagen (VOWG_p.DE) expects the shift to electric powered vehicles to fee a five-digit range of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper mentioned, citing the carmaker's human assets chief.

Karlheinz Blessing, who sits on VW group's nine-member top management board, stated the carmaker will want to cut jobs in production as meeting of electrical engines requires fewer employees than making combustion engines, the newspaper said, bringing up an interview to be published in Saturday's version.

VW's works council, currently in talks with VW's brand management over a turnaround plan for the center VW logo, expects up to 25,000 body of workers to be reduce over the following decade as older workers retire.

Blessing reaffirmed there might be no forced dismissals at Europe's largest automaker.

control and labor leaders are searching for to reach settlement on value cuts and approach in time for a Nov. 18 assembly of the supervisory board to approve destiny spending plans.

Volkswagen's works council has warned that the talks with control could fail if the carmaker does now not comply with invest in its personal battery manufacturing.

Blessing stated Volkswagen had to recollect doing so despite the fact that no decision were taken but.

"If 30 percentage of the price advent may be in the battery device in future, it's far right to don't forget whether we are able to step in and to what quantity. We cannot go away that to others," he stated.

"How deeply we are able to interact is an issue we can discuss as a part of the destiny p.c.."