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EconomyVolkswagen approves plan to cut 50,000 more jobs in broad overhaul

Volkswagen’s supervisory board approved a sweeping overhaul involving 50,000 additional job cuts, fewer models and a smaller industrial footprint. The decision gives CEO Oliver Blume his clearest mandate yet to reshape Europe’s biggest automaker.

Volkswagenjob cutsautomotive industrycorporate restructuring

BBloomberg News★★★★☆2026-09-04 03:30Original

Volkswagen approves plan to cut 50,000 more jobs in broad overhaul
Volkswagen approves plan to cut 50,000 more jobs in broad overhaulEconomy