Volkswagen unveiled plans to cut about 23,000 jobs in Germany to help achieve $3.92 billion in annual savings by 2020

ByGary Kaltbaum

Volkswagen unveiled plans to cut about 23,000 jobs in Germany to help achieve $3.92 billion in annual savings by 2020 to turn around its core brand and help fund a shift to electric and self-driving cars, following its emissions scandal. (Reuters)