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Troubled German car giant Volkswagen has denied a report that it is planning to lay off up to 30,000 employees. “We do not confirm this figure,” a Volkswagen spokeswoman was quoted as saying, following reports of the proposed job cuts in German business magazine Manager Magazin. “One thing is clear,” she said. ” Volkswagen has to reduce its costs at its German locations. This is the only way the brand can earn enough money for future investments. “How we achieve this goal together with the employee representatives is part of the upcoming talks,” she said, adding that VW could not confirm the f…

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