Blume's comments, made in an ​internal company memo seen by Reuters, come as Volkswagen is undergoing what is considered to be ​its largest-ever restructuring, possibly ranging from a fresh 50,000 job cuts to the carve-out of some divisions.

you are viewing a single comment's thread
view the rest of the comments
[–] 0 points 1 week ago (1 child)

This is too simplistic. The majority of costs at VW and other carmakers are spent for their suppliers, not for labour. This means carmakers pay a lot more of their suppliers' workforce than they pay for their own people.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 1 point 1 week ago (1 child)

    He is talking about "deep cuts" at Volkswagen, not about renegotiations with their suppliers about prices

  • source
  • parent
  • hideshow 2 child comments
  • [–] 0 points 1 week ago* (last edited 1 week ago)

    The majority of costs - including for labour - is spent by suppliers. Your calculation and the possible inference that people earn only a small share of tve entire revenue is too simplistic as it paints a misleading picture.

    (I made a longer comment in this thread regarding this issue and how international carmakers compare to each other.)

  • source
  • parent