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Volkswagen lays off 500 workers at Chattanooga Passat factory

394 views · Published 19 April 2013 · 0:41 · Indexed 21 October 2026

Channel: chattanooga times free press · 2013 · News & Politics

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Next up, Volkswagen has announced lay offs of 500 employees at its Chattanooga plant.
The automaker told contract employees that it's cutting 15 percent of the workforce.
VW executives blamed slower-than-expected growth in Passat sales and say they're doing away with a third production shift at the factory.
Frank Fischer, who heads VW in Chattanooga, said the company's expectations were too high.
Fischer says officials saw a trend of slowing growth in Passat sales in late 2012 and tried to avoid layoffs by reducing the number of production days. But it wasn't enough.
Volkswagen's layoffs are set to start at the end of May.

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