Volkswagen Group spends 6.9 billion to encourage employees to leave

It is reported that in order to streamline staff and boost performance, Volkswagen Group has decided to offer a huge severance pay of 900 million euros to employees who are willing to leave early. This decision is to reduce costs and improve the company's profitability. The human resources director of Volkswagen Group said that this decision was the result of a consensus with the labor-management committee and is aimed at making Volkswagen Group stronger.