Volkswagen furloughs workers at Tennessee auto plant starting April 11

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Volkswagen AG said it will furlough workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing ...

Volkswagen AG said it will furlough workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic.

FILE PHOTO: The Volkswagen Chattanooga Assembly Plant in Chattanooga, Tennessee November 4, 2015. REUTERS/Tami ChappellREUTERS: Volkswagen AG said it will furlough workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic. The German automaker said the temporary emergency furloughs for its production and maintenance workforce are expected to last no more than four weeks.The automaker said its"primary objective is to protect the financial health of Volkswagen for the benefit of our team as we address the emerging and ongoing impacts of the COVID-19."

VW said employees and production contractors at the plant have to date received full pay and benefits during the shutdown that began March 21.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SoftBank-backed Oyo furloughs some US workers as coronavirus hits revenueSoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla to furlough workers, cut employee salaries due to coronavirusTesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla to furlough workers, cut employee salaries due to coronavirusNEW YORK (REUTERS) - Tesla Inc told employees on Tuesday (April 7) it would furlough all non-essential workers and implement salary cuts during a shut down of its US production facilities because of the coronavirus outbreak.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Tesla to furlough workers, cut employee salaries due to COVID-19Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. Good for the stockholders but bad for the workers Better be sure to take care of those affected when things are back up again - don't forget Elon.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

British cycling furlough a third of their staff due to coronavirusREUTERS: British Cycling will furlough around a third of their staff in April and May due to the financial impact of the coronavirus pandemic, the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Toyota extends North American plant shutdown; will stop paying 5,000 temp workersToyota Motor Corp said Wednesday it plans to reopen its North American auto plants on May 4, extending its current shutdown by two additional weeks.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »