Monday, February 13, 2006

VW cuts jobs

In Frankfurt Germany volkswagon said over the next four years, it plans to cut over 20,000 jobs. Inturn this willl make the company more profitable and bring ina better revenue. Although this plan looks goood from the VW perpesctive, it may not be such a good idea in the long run. These 20,000 that will lose their jobs will be forced to find work elsewhere, but what if they can't? Jobs are scace and the fact is that if some don not find jobs, then that could have a big effect on the econommy in Germany.

1 comment:

Greg Delemeester said...

cam: Please log on to your blogger account and change your screen name to something that is recognizable by me. Otherwise I am unable to give you proper credit for your contributions. Also, your post on VW cutting workers had already been posted by another student earlier. Therefore, this one does not earn you the full credit.