VW Executives Face Pay Cuts as Part of Restructuring Deal

Volkswagen AG managers are facing hefty pay reductions in the coming years as part of an agreement with labor to make Europe’s biggest automaker more competitive.

VW Executives Face Pay Cuts as Part of Restructuring Deal
Volkswagen AG managers are facing hefty pay reductions in the coming years as part of an agreement with labor to make Europe’s biggest automaker more competitive.