In its annual figures, the company said that earnings fell from €12.4 billion ($14.45 billion) to €6.9 billion year on year.
Volkswagen CEO Oliver Blume said the VW Group would cut “around 50,000 jobs by 2030” across Germany.
In its annual figures, the company said that earnings fell from €12.4 billion ($14.45 billion) to €6.9 billion year on year.
Volkswagen CEO Oliver Blume said the VW Group would cut “around 50,000 jobs by 2030” across Germany.
No worries.
They just found 6 mrd. € the other month and wanted to pay dividends to shareholders and give a bonus to the management.
mrd ??
mrd. = Milliarden = billion
A billion is called a milliarde and abbreviated mrd., md. or mia. in different countries.
The amercian-english billion substituted the milliarde in e.g. finance speak, but isn’t dead, yet. E.g. there is still the british-english milliard.