Serhat TUNAR –TDO- Volkswagen, which owns the largest automobile factory in Slovakia, is the company that provides the most employment in the private sector, announced that it will cut personnel for the first time after the global crisis in 2009.

According to the company statement, 500 workers from the Hungarian branch of the company will be sent back, the number of contracted workers will be reduced and expiring fixed-term contracts will not be extended. 

Volkswagen employs around 14,000 people in Slovakia and the German automobile giant did not say what that figure would fall to.

Company’s Slovakia branch will also reduce the number of production shifts that make higher-end SUVs as well as cheaper small family cars including the Volkswagen e-up!, the only electric car currently made in Slovakia.

Company officials said they had no plans to build a new electric car at the plant in Bratislava.

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