Volkswagen managers to take combined ₹2,600-crore pay cut: Report
Volkswagen's management will take a combined pay cut of over €300 million (₹2,600 crore) by 2030, a German newspaper reported citing HR board member Gunnar Kilian. Volkswagen's board would take a larger cut proportional to their salary than the rest of management or workforce, said Kilian. Volkswagen and unions struck an agreement in December to cut costs at the carmaker.