Volkswagen (VW) has accepted the resignation of its high-profile HR director Peter Hartz, after he was linked to corruption allegations at the German car giant.
The announcement was made by Christian Wulff, the head of the regional government of Lower Saxony, at the end of a meeting of the four-member inner council of the VW supervisory board. The regional government holds 18% of the VW shares.
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The head of the VW group, Bernd Pischetsrieder, is to take over HR responsibilities temporarily, Wulff said.
Hartz, well-known for implementing a four-day work week in 1993, which saved nearly 30,000 jobs, had offered his resignation on Friday after German newspapers linked his name to alleged corruption at the company.
