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.

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[–] 32 points 7 months ago (11 children)

No worries.

They just found 6 mrd. € the other month and wanted to pay dividends to shareholders and give a bonus to the management.

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  • [–] 4 points 7 months ago (10 children)
  • [–] 12 points 7 months ago* (8 children)

    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.

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  • [–] 22 points 7 months ago (7 children)

    We should just use SI-prefixes with currencies, so we're talking about 6 G€ here, or six gigaeuros.

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  • [–] 7 points 7 months ago (2 children)

    Nice i can measure my bank account in Nanoeuros then ;)

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