Volkswagen CEO threatens 50,000 more job cuts in memo to staff
World 17:09 13/07/2026BERLIN - Volkswagen could cut around 50,000 additional jobs based on calculations aimed at bringing the carmaker into line with the cost competitiveness of other companies, CEO Oliver Blume told staff in an internal memo seen by Reuters on Monday.
January-May unemployment, underemployment affect 500K+ workers in Vietnam
Economy 09:03 04/06/2023Up to 393,377 people applied for unemployment support
Over 41,500 workers lose jobs in Vietnam in latter half of 2022
Vietnam News 10:21 30/11/2022The job cuts occurred mainly in textile, garment, footwear, and wood processing enterprises
Vietnam to see 10-15% job cuts in leather, shoe industries due to automation: experts
Economy 19:00 22/03/2018Vietnam is the second-largest shoe exporter in the world, behind China