Blume’s comments, made in an internal company memo seen by Reuters, come as Volkswagen is undergoing what is considered to be its largest-ever restructuring, possibly ranging from a fresh 50,000 job cuts to the carve-out of some divisions.
Blume’s comments, made in an internal company memo seen by Reuters, come as Volkswagen is undergoing what is considered to be its largest-ever restructuring, possibly ranging from a fresh 50,000 job cuts to the carve-out of some divisions.
This is too simplistic. The majority of costs at VW and other carmakers are spent for their suppliers, not for labour. This means carmakers pay a lot more of their suppliers’ workforce than they pay for their own people.
He is talking about “deep cuts” at Volkswagen, not about renegotiations with their suppliers about prices
The majority of costs - including for labour - is spent by suppliers. Your calculation and the possible inference that people earn only a small share of tve entire revenue is too simplistic as it paints a misleading picture.
(I made a longer comment in this thread regarding this issue and how international carmakers compare to each other.)