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Topic

Job Cuts

Volkswagen board approves plan to cut another 50,000 jobs

Volkswagen board approves plan to cut another 50,000 jobs

Volkswagen is eliminating a total of 100,000 positions by the end of the decade as it faces falling profit margins and intensifying rivalry from Chinese manufacturers.

Business ·4 Sep 2026, 08:30 ·Priya Raman 3 min read