VW Lays Off Workers at Key EV Factory Over Cratering Demand
- Carmaker is letting go 269 temporary workers at Zwickau plant
- Orders from fleet buyers for EVs dropped after aid ran out
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Volkswagen AG is cutting temporary workers at its main electric-vehicle factory in Germany after the phaseout of a subsidy in the country caused demand for its EVs to drop.
The manufacturer is letting go 269 people at the Zwickau plant when their 12-month contracts expire in the near future, VW said Thursday. The company expects it will have to adjust the shift schedule at the facility near the Czech border.