Volkswagen to hire 50k employees in next 5 years: Mostly from India and China
Over the next five years, the third largest car manufacturer in the world, Volkswagen will hire 50,000 more employees, and most of these will come from outside Europe, from countries like India, China and Russia.
Volkswagen plans to increase their workforce by another 50,000, by the year 2018. Volkswagen currently has a total of 550,000 employees globally, and aim to become the largest car manufacturer in the world by 2018.
With Europe being adversely affected by economic uncertainties, a major chunk of these recruitment’s are expected to come from countries outside Europe, like India, China and Russia, reports CarScoops. More concentration will be paid to China where the company has been receiving overwhelming response and where the company expects to see future growth.
Out of the present lot of 550,000 workers at VW, 300,000 are employed outside Germany out of which 50 percent are out of Europe. Volkswagen will be concentrating heavily on employment of new workers for China, India and Russia where they have seen steady growth in the past few years. New recruitment’s will also be seen across the US as the company plans expansion of their Chattanooga, Tennessee plant from where their new seven seater crossover based on CrossBlue Concept will be produced.