volks

 

Volkswagen said Wednesday it is investing up to €4 billion ($4 billion) in digitalization projects through 2023 – mainly in administration but also in production.

According to the German carmaker, up to 4,000 jobs in non-production units at Volkswagen AG Passenger Cars, Volkswagen Group Components and Volkswagen Sachsen GmbH will not be restaffed over the coming four years as it ramps up its IT processes.

Works council head Bernd Osterloh added there would be no forced layoffs until 2029.