# Volkswagen board approves turnaround plan with 50,000 more job cuts

https://mins.news/en/item/44531

- Reuters, 2026-09-03 23:25 UTC
- Economy
- Original: https://www.reuters.com/business/autos-transportation/volkswagen-supervisory-board-approves-transformation-plan-2026-09-03/?link_source=ta_bluesky_link&taid=6a9a01d46f82110001165d0b

> Volkswagen’s supervisory board approved a transformation plan on Thursday that includes cutting another 50,000 jobs as the group seeks to counter painful tariffs, excess capacity and aggressive Chinese rivals.

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