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Article

9 Jun 2022

Author:
David Ljunggren,
Author:
Muralikumar Anantharaman, Reuters

Volkswagen offers pay-offs for employees who quit major Russia plant, according to local media

Automobile production

Volkswagen offers pay-offs for employees who quit major Russia plant - paper, 9 June 2022

Volkswagen is offering pay-offs to employees at one of the company's two plants in Russia if they agree to quit voluntarily, the Kommersant newspaper said...

The paper said the offer - which in some cases would amount to six months' salary - was aimed at the 200 people working at the Nizhny Novgorod plant.

Volkswagen announced in March that production at its Kaluga and Nizhny Novgorod sites would be suspended until further notice because of Western sanctions, and vehicle exports to Russia will be stopped with immediate effect.

Kommersant cited union sources as saying that employees who agreed to the company's offer before June 17 would receive six months' salary. The deal would also include medical insurance until the end of 2022, the paper said.

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