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“By 2020 we will achieve three billion euros in cost savings, and now aim for a further three billion euros by 2023,” Arno Antlitz, the board member responsible for finance at the VW brand, told a press conference in Wolfsburg, Germany. That should help the brand reach a profit margin of at least six percent by 2022, three years earlier than previously planned, the company added versace cufflinks amazon uk online. Volkswagen said it aimed to reduce administrative expenses and take out complexity out of the brand’s model line-up, while also striving to raise the productivity of its plants by about 30 percent by 2025..
The company did not give any details about job cuts, but ruled out forced redundancies. It said VW had started talks with labor leaders about the plan and discussions were constructive. The VW brand aims to invest more than 11 billion euros in electric vehicles, digitalization, autonomous driving and mobility services by 2023, with the bulk earmarked for electric cars, the company said versace cufflinks amazon uk online. Volkswagen also said talks over a potential alliance with U.S. rival Ford were going well, and that it would give an update at the beginning of 2019. The firms are exploring areas of potential cooperation including electric and autonomous cars..
SAN FRANCISCO (Reuters) – Facebook Chief Executive Mark Zuckerberg questioned the business case for giving millions of outside software developers wide access to customer data before endorsing the practice in 2012, according to internal emails published on Wednesday. The decision made it possible for a quiz app to gather data on about 87 million Facebook users the following year, and later share the information with the now-defunct British political consulting firm Cambridge Analytica, which worked on Donald Trumps’ presidential campaign versace cufflinks amazon uk online.
Zuckerberg lamented his choice in a Facebook post on Wednesday, saying that cracking down a year earlier could have helped the company avoid a privacy scandal that has tarred its reputation. The CEO’s 2012 emails, obtained by a British government panel investigating Facebook, provide an unusual window into the internal deliberations over the critical strategic question of how much customer data the social network should share versace cufflinks amazon uk online. Facebook had recently gone public and was counting on third-party apps such as games to help drive growth..
But Zuckerberg questioned whether such apps and the data they sent back to Facebook were producing sufficient increases in usage and revenue versace cufflinks amazon uk online. “In theory, we want information, but are the posts developers are giving us actually valuable?” Zuckerberg wrote in response to a lengthy email from a lieutenant. “They don’t seem to be for targeting (content) and I doubt they drive meaningful increases in engagement either.”. A proposed alternative was charging apps for access to Facebook user data, though such a move would have likely limited the number of apps that worked with Facebook, Zuckerberg wrote in one message..