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Frankfurt, Germany, Oct 28, 2024 (AFP) - Crisis-hit VW eyeing plant closures, deep pay cuts: report

NAMPA / AFP
2024-10-28
Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic cost-cutting plan, a media report said Monday. Workers' representatives will update VW staff at all 10 German plants about management's latest savings proposals at 1000 GMT, with many bracing for news of thousands of job cuts. Volkswagen CEO Oliver Blume is seeking around four billion euros ($4.3 billion) in c......
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Business & Finance News

New York, Oct 28, 2024 (AFP) - Boeing announces stock offering expected to raise up to $19 billion
2024-10-28 14:00:05
New York, Oct 28, 2024 (AFP) - Boeing announces stock offering expected to raise up to $19 billion
2024-10-28 14:00:05
Durrës, Albania, Oct 28, 2024 (AFP) - Ship with suspected toxic waste returns to Albania
2024-10-28 14:00:04
2024-10-28 13:30:03
London, Oct 28, 2024 (AFP) - Global stocks diverge, oil prices tumble as Iran fears ease
2024-10-28 13:30:03
2024-10-28 13:00:06
2024-10-28 13:00:06
The Hague, Oct 28, 2024 (AFP) - Philips lowers sales outlook on drop in China orders
2024-10-28 13:00:06
Frankfurt, Germany, Oct 28, 2024 (AFP) - VW to close 'at least three' German factories: works council
2024-10-28 13:00:06
Durrës, Albania, Oct 28, 2024 (AFP) - Ship with suspected toxic waste returns to Albania
2024-10-28 13:00:06
The Hague, Oct 28, 2024 (AFP) - Philips lowers sales outlook on drop in China orders
2024-10-28 12:30:04

Latest NAMPA photos

Swapo held a mini rally in Lüderitz

Swapo held a mini rally in Lüderitz

NAMPA
SWAKOPMUND, 26 October 2024 - United Democratic Front (UDF) President Hendrik Gaobaeb addressing the party’s Erongo Regional Star Rally held at Swakopmund’s DRC’s sports field on Saturday. He is accompanied by some of the party’s regional and local leadership. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 26 October 2024 - United Democratic Front (UDF) President Hendrik Gaobaeb addressing the party’s Erongo Regional Star Rally held at Swakopmund’s DRC’s sports field on Saturday. He is accompanied by some of the party’s regional and local leadership. (Photo by: Isabel Bento) NAMPA

NAMPA
SWAKOPMUND, 26 October 2024 - Some of the UDF supporters and sympathisers attending the party’s star rally at Swakopmund on Saturday which was addressed by the party President Hendrik Gaobaeb. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 26 October 2024 - Some of the UDF supporters and sympathisers attending the party’s star rally at Swakopmund on Saturday which was addressed by the party President Hendrik Gaobaeb. (Photo by: Isabel Bento) NAMPA

NAMPA
SWAKOPMUND, 26 October 2024 - United Democratic Front (UDF) President Hendrik Gaobaeb speaking at the part’s star rally at Swakopmund on Saturday. Beside him is Swakopmund Deputy Mayor David Am-!Gabeb. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 26 October 2024 - United Democratic Front (UDF) President Hendrik Gaobaeb speaking at the part’s star rally at Swakopmund on Saturday. Beside him is Swakopmund Deputy Mayor David Am-!Gabeb. (Photo by: Isabel Bento) NAMPA

NAMPA
OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa speaks at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa speaks at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa (L) together with the party's presidential candidate, Netumbo Nandi-Ndwaitwah at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa (L) together with the party's presidential candidate, Netumbo Nandi-Ndwaitwah at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa welcomes about 50 new members to the party at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa welcomes about 50 new members to the party at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa (L) together with the party's Presidential candidate Netumbo Nandi-Ndaitwah (second left) at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 26 October 2024 - The Swapo Party Secretary-General, Sophia Shaningwa (L) together with the party's Presidential candidate Netumbo Nandi-Ndaitwah (second left) at a political campaign rally at Otjiwarongo in the Otjozondjupa Region on Saturday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

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