Connect with us

Hi, what are you looking for?


VW to hire 50,000 workers worldwide

FRANKFURT, Dec 6 – Volkswagen, the biggest European carmaker, said Monday in a newspaper that it would hire around 50,000 workers worldwide in the medium-term, including 5,000-6,000 in Germany by 2015.

"We have around 400,000 workers around the world today. With pursued growth in many markets, we could reach a staff of 450,000 in the medium term," VW personnel director Horst Neumann told the German financial daily Handelsblatt.

"In addition, we will have to replace 60,000 workers in the next five years," Neumann said as VW negotiates a major work contract with German unions.

The automaker will create "5,000-6,000" jobs in Germany by 2015, the VW executive said, and expected to rely less on temporary workers.

VW is in talks with the IG Metall trade union, which plans to call for pay raises after accepting sacrifices when auto markets slumped in 2009 to ensure job security for its members.

German auto manufacturers are now working hard to meet renewed demand around the world and especially in China, have terminated emergency part-time work and have shortened the 2010 Christmas break to maintain production during the holidays.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...