VW chief warns carmaker's situation 'more than critical'

What this means for your job search: For roles in automotive tech, expect heightened competition and a strong emphasis on demonstrating immediate value aligned with cost-saving or critical revenue-generating initiatives. Be prepared for potentially less negotiation room on compensation as companies tighten budgets. Volkswagen's CEO warned on Sunday the company was in a "more than critical" state ahead of meetings with the car giant's staff where he will defend the company's savings plans. In an in...