FRANKFURT, June 6 Volkswagen on
Tuesday said close to 9,300 staff had agreed to an early
retirement scheme, helping Germany's largest carmaker to bring
"We are rapidly approaching our target of 9,300 contracts
signed. Employees who wish to take partial early retirement must
make their decision by July 31," VW' board member for Human
Resources Karlheinz Blessing said.
The scheme is aimed mainly at people born between 1955 and
Volkswagen has guaranteed that there will be no forced
redundancies as part of its "Transform 2025+" plan to cut the
workforce and improve productivity by 25 percent until 2025.
(Reporting by Edward Taylor, editing by Louise Heavens)