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Cariad’s internal delays hurt the roll-out of the Volkswagen ID 3, for which it developed software
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Volkswagen Group’s embattled Cariad software unit has agreed to cut development costs in order to avoid mass lay-offs, according to reports.
Cariad boss and former Bentley production head Peter Bosch had wanted to cut up to 20% of the unit’s 6500-strong workforce, according to an October report from Germany’s Manager Magazine.
However, the new agreement between management and labour unions will enable Cariad to cut 20% of its costs annually by 2028, Bloomberg reported, citing a Cariad spokesperson.
Cariad has struggled in its mission to deliver a unified software platform for use across all Volkswagen Group brands as part of the group’s mission to digitise vehicles.
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