Volkswagen Group launches "KI 10" project to reduce costs by 20% within three years

2024-07-31 18:31
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Volkswagen Group recently launched an internal performance project called "KI 10", the main goal of which is to achieve a 20% cost reduction in the next three years compared to the level in 2023, including fixed costs and personnel costs. According to the screenshots of the revelations, in a joint venture automobile company, after winning greater voice, Chinese executives first considered reducing the wages and benefits of Chinese employees.