# Volkswagen board approves plan to cut another 50,000 jobs

https://mins.news/en/item/44700

- BBC News, 2026-09-04 01:20 UTC
- Economy
- Original: https://www.bbc.co.uk/news/articles/cx2z0kvy4n4o?at_medium=RSS&at_campaign=rss

> Volkswagen’s board has approved another 50,000 job cuts under a broad turnaround plan, taking the group’s planned reductions by 2030 to 100,000. The carmaker blamed falling sales, weaker profits and intensifying competition, particularly from Chinese brands, and said it is reviewing capacity and possible alternative uses at several plants.

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