MOSCOW - Volkswagen will reduce shifts and lay off at least 150 workers at its Russian car plant, the German car producer said on March 23, to try to cut costs in a market downturn.
2015 Economic Crisis
The Economic Times: Volkswagen to cut working hours, jobs at Russian plant
A man speaks on his mobile phone under a board listing foreign currency rates against the Russian ruble outside an exchange office in central Moscow, on Dec. 17, 2014.