VW managers to take combined 300-mln-euro pay cut, reports local newspaper
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Volkswagen's management will take pay cuts totaling over 300 million euros by 2030, as reported by VW's human resources board member Gunnar Kilian.
January 08, 2025 | 8:30 am
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Volkswagen's management will take pay cuts totaling over 300 million euros by 2030, indicating a focus on cost management and corporate responsibility.
The pay cuts for Volkswagen's management suggest a strategic move towards cost management and corporate responsibility. However, this news is unlikely to have a significant immediate impact on VWAGY's stock price, as it pertains to long-term financial planning rather than immediate financial performance.
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