Economics ❯ Labor Market ❯ Job Losses ❯ Corporate Restructuring

Volkswagen

Volkswagen Approves Future Plan 2030, Adds 50,000 Job Cuts and Puts Four German Plants On Notice

The plan seeks to restore profitability by shrinking the model range, cutting costs, redirecting investment into electric vehicles and software.

Volkswagen Weighs Up to 50,000 More Job Cuts, Putting as Many as 100,000 Roles at Risk