EconomyVolkswagen to cut 100,000 jobs by end of decade
Volkswagen says it will eliminate 100,000 jobs by the end of the decade, including 50,000 additional cuts on top of those already agreed. The reductions equal about 15% of its global workforce. The automaker also plans restructuring and major research investment, while warning that the futures of four German plants cannot be guaranteed.
Volkswagen to cut 100,000 jobs by end of decade
Economy