“VW wants to cut 14,000 jobs in Europe, 10,000 of them in Germany.” The automaker wants to cut several thousand jobs in the face of gigantic overcapacity and losses, especially at the main Wolfsburg plant. The largest European carmaker wants to cut down the jobs via early retirement measures and severance payments. VW has “a staff overhang of several thousand employees at the German sites, especially in Wolfsburg”, said Group CEO Bernd Pischetsrieder at the Mo The VW brand has been in the red for the past few years. One of the main reasons is the overcapacity, which according to estimates by the car expert Ferdinand Dudenhöffer is one million cars per year. The main Wolfsburg plant with 50,000 employees must in all probability bear the main burden of job reduction, because the golf production there at Wei What do you think is this the beginning of the end or are these press reports of pure marrs?