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Volkswagen India’s letter to employees hints of a massive layoff

Overdrive May 2, 2016, 14:44:47 IST

Volkswagen might hold back its future investment plans in India

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Volkswagen India’s letter to employees hints of a massive layoff

Volkswagen India sent a letter to its employees to encourage them to work harder and meet the production targets. However, it has sparked a fear of job cut among the workforce. The German car manufacturer has warned its employees of a possibility of a job cut to compensate for the huge losses incurred in the diesel gate scandal.

Recently, the company offered to buy back around five lakh diesel cars in U.S . that were equipped with defeat…

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