, Columnist
VW's Long Road Ahead
The automaker's workforce is less productive than its competitors.
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Cutting 30,000 jobs sounds dramatic. For Volkswagen AG it's a drop in the ocean, equivalent to just 5 percent of the global workforce. It will still employ about 600,000 people.
It's important VW is finally taking action to redress a chronic productivity problem.1479467405014 The company employs more people than GM and Toyota combined, even though they all make a similar number of cars.1479469097622