VW’s MAN Truckmaker to Cut As Many As 9,500 Jobs
- Truckmaker to reduce as many as 9,500 jobs to bolster earnings
- MAN has lagged behind its sister brands in profitability
An employee uses a suction winch to move a windshield inside the MAN SE factory in Munich.
Photographer: Matthias Doering/BloombergThis article is for subscribers only.
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Volkswagen AG’s truckmaking unit MAN plans to cut as much as a quarter of its workforce and potentially close three factories in a restructuring plan to improve earnings and finance investment in new vehicles.