VW’s Blume says overhead costs 30% above rivals, 50,000 jobs figure a guide

What this means for your job search: Companies are under pressure to reduce overhead, making them highly selective for roles that demonstrate clear business value and efficiency gains. Prepare to articulate how your contributions will directly impact profitability, streamline operations, or reduce costs. Volkswagen CEO Oliver Blume said the German carmaker’s overhead costs are more than 30% higher than those of comparable firms and that it must reduce that disadvantage to stay competitive