Volkswagen AG to lay off 900 autoworkers in two Brazilian states - Reuters

Friday, 25 Apr 2014 06:48am EDT 

Volkswagen AG:To lay off about 900 autoworkers at two Brazilian plants - Reuters.Layoffs at Volkswagen plants in Sao Bernardo do Campo outside of Sao Paulo, and in Sao Jose dos Pinhais in Brazil's southern state of Parana to begin May 5, according to Brazil's Metalworkers' Union.Despite layoffs, Volkswagen said it has made no changes to its plan to invest $10 billion (5 billion pounds) in Brazil by end of 2018. 

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