EconomyVolkswagen to cut another 50,000 jobs to counter tariffs and Chinese competition
Volkswagen said Thursday it will eliminate another 50,000 jobs worldwide in the biggest restructuring in its 89-year history. The German automaker is under pressure from US tariffs, excess capacity and fierce Chinese competition, while the plan outlines the future of four German plants.
FFrance 24★★★★☆2026-09-04 00:34Original
Volkswagen to cut another 50,000 jobs to counter tariffs and Chinese competition
Economy