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      01-20-2009, 06:02 PM   #1
UltimateBMW
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VW & BMW Scale Back Hours for 86,000 Workers (Update 2)

Found this not too long ago.

Source: http://www.bloomberg.com/apps/news?p...&refer=germany
Quote:
Jan. 20 (Bloomberg) -- Volkswagen AG and Bayerische Motoren Werke AG are reducing hours for a total 86,000 workers to rein in production as the global recession deflates demand for vehicles.

BMW, the world’s largest manufacturer of luxury cars, will drop shifts for 26,000 employees in February and March, trimming its automaking by 10 percent, while Volkswagen, Europe’s largest carmaker, will shut five German factories from Feb. 23 to Feb. 27, affecting two-thirds of its 92,000-strong German workforce.
The article continues to talk about the reasons and implications of this move. I found it interesting.
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