Monday

21st Nov 2016

Ticker

Volkswagen to cut 30,000 jobs, shift to electric

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German car-maker Volkswagen plans to cut 30,000 job by 2021 as part of a turnaround plan agreed with labour unions, German media reports. The long-term strategy would shift the dieselgate scandal-plagued company to electric and self-driving cars. Meanwhile, the company plans to create 9,000 new jobs through investments in electric car technology.

News in Brief

  1. Cyprus leaders aim for map agreement
  2. New three-party centre-left government in Estonia
  3. New three-party government in Denmark
  4. Support for the EU on the rise
  5. Brussels to name public space after murdered UK MP Jo Cox
  6. World tells Trump climate momentum is 'irreversible'
  7. No voters in Dutch Ukraine referendum 'not anti-EU'
  8. EU states give conditional approval to visa-free travel for Ukraine

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