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VW in Crisis: Expert Warns – "Will Attack the Self-Worth of Many People"

Summary by News38
After reaching agreement on a massive austerity program at Volkswagen, experts are making an alarm about possible consequences for the personnel search. The hard conversion could not only cost tens of thousands of jobs, but also permanently deter highly qualified applicants.

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After reaching agreement on a massive austerity program at Volkswagen, experts are making an alarm about possible consequences for the personnel search. The hard conversion could not only cost tens of thousands of jobs, but also permanently deter highly qualified applicants.

·Essen, Germany
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The VW Supervisory Board has only just approved a historic restructuring package to lead the Group out of the crisis. Now, an insider report has for the first time revealed how much this planned conversion of Volkswagen should really cost. Compared to Reuters, a person entrusted with the matter estimated the costs at 16 billion euros. Previously, the Spiegel had already reported on the sum. At 10 billion euros, the majority of the costs are attr…

VW is pushing billions of dollars and cutting 50,000 jobs worldwide. An expert warns that strong applicants in particular could now stay away.

VW converts and saves billions. For many employees, this means uncertainty – and for Volkswagen, austerity could become a problem elsewhere: when it comes to recruiting. An economic psychologist warns that although the automaker could continue to receive many applications, among them possibly less suitable candidates. The contribution VW converts and saves billions: Why the austerity could become a recruiting problem first appeared on ingenieur.…

·Düsseldorf, Germany
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ingenieur.de - Jobbörse und Nachrichtenportal für Ingenieure broke the news in Düsseldorf, Germany on Tuesday, September 15, 2026.
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