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.
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.)