Volkswagen may use fewer temporary staff as part of cost cuts – CEO to magazine

BERLIN (Reuters) – German carmaker Volkswagen may use fewer temporary staff as part of efforts to reduce costs by 5 billion euros (3.92 billion pounds), its chief executive told a German magazine.

The carmaker does not want to reduce permanent staff, Martin Winterkorn was quoted as saying by Spiegel in an article published on Sunday.

“Perhaps we will use fewer temporary staff,” he told the magazine.

Winterkorn, who has previously said VW may decide to cease making non-profitable models such as convertibles, also told Spiegel the group was taking a hard look at its Eos convertible model as it tries to cut complexity by reducing the number of different models it offers.

(Reporting by Victoria Bryan, editing by John Stonestreet)

Volkswagen may use fewer temporary staff as part of cost cuts – CEO to magazine