Volkswagen planning mass layoffs – workers’ council chief

The carmaker also plans to shut down at least three factories in Germany in a bid to lower costs, according to its Works Council head

Volkswagen is looking to significantly reduce its workforce in Germany and shut down several factories in the country, amid a major overhaul aimed at lowering costs and increasing return on sales, the head of the carmaker’s Works Council has announced.

Daniela Cavallo explained to employees in Wolfsburg...