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Restructuring

Volkswagen planning to cut up to 100,000 jobs globally

Volkswagen planning to cut up to 100,000 jobs globally

Volkswagen is weighing a reduction of up to 100,000 jobs to address declining profits and operational costs that remain higher than those of rival manufacturers. The proposed restructuring includes potential factory closures and significant production cuts, facing strong opposition from labor unions.

Business ·13 Jul 2026, 21:38 ·Maeve Turner 3 min read