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Sun 20 Nov 2016 12:56 PM

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Video: Volkswagen to cut 30,000 jobs at VW brand by 2020

Volkswagen has unveiled plans to cut 23,000 jobs in Germany to help achieve 3.7 billion euros in annual savings by 2020 to turn around its core brand and help fund a shift to electric and self-driving cars following its emissions scandal.

Video: Volkswagen to cut 30,000 jobs at VW brand by 2020
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(Source: Reuters YouTube channel)