Volkswagen Changes Gears to Cut 30,000 Jobs

Volkswagen Changes Gears to Cut 30,000 Jobs

Assessment

Interactive Video

Business, Life Skills, Architecture

University

Hard

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FREE Resource

The video discusses Volkswagen's strategic changes, focusing on employment strategies, the impact of the diesel emissions scandal, and a shift from prioritizing size to profitability. Volkswagen plans to reduce its workforce through attrition and early retirements, not layoffs, over several years. The diesel scandal accelerated changes, but VW has long faced profitability challenges. The company aims to adapt to future automotive trends like self-driving cars and digital technology. VW is also shifting its strategy to focus on profitability and expanding into mobility services.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the diesel emissions scandal influenced Volkswagen's strategy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges has Volkswagen faced prior to the recent changes?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main reasons Volkswagen is adjusting its workforce?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is Volkswagen planning to pivot towards future automotive trends?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Volkswagen's new focus in terms of market strategy?

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