MAN to Cut Up to 6,000 Jobs as Part of Restructuring -Handelsblatt
March 12 2020 - 6:25AM
Dow Jones News
--Volkswagen subsidiary MAN will cut up to 6,000 jobs as part of
its restructuring plan, reports German business newspaper
Handelsblatt, citing company sources.
--The jobs will come mainly from the administration and
development departments at the truck manufacturer, Handelsblatt
said.
--MAN declined to comment on the number of cuts to Dow Jones
Newswires but had announced potential job cuts and a restructuring
program earlier this week.
Full story: https://bit.ly/39M8sLR
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(END) Dow Jones Newswires
March 12, 2020 07:10 ET (11:10 GMT)
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