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home / articles / automotive seating maker adient to slash jobs in eur mwn benzinga

VWAGY - Automotive Seating Maker Adient To Slash Jobs In Europe | Benzinga

Volkswagen AG ADR Repstg 1/10th Sh

Adient PLC (NYSE:ADNT) has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. 

The plan primarily consists of workforce reductions and the transfer of work to countries with lower labor costs.

This move is in response to the changes in the European automotive market and to ensure the company's competitive cost structure by slashing labor costs ...

Full story available on Benzinga.com
Stock Information
Company Name: Volkswagen AG ADR Repstg 1/10th Sh
Stock Symbol: VWAGY
Market: OTC
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