Volkswagen Software Group Avoids Mass Layoffs By Cutting Costs

Volkswagen Group’s embattled Cariad software unit has agreed to cut development costs in order to avoid mass lay-offs, according to reports.

Cariad boss and former Bentley production head Peter Bosch had wanted to cut up to 20% of the unit’s 6500-strong workforce, according to an October report from Germany’s Manager Magazine.



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