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

https://mins.news/en/item/44781

- Bloomberg News, 2026-09-04 03:30 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-09-03/vw-board-gives-ceo-blume-unanimous-backing-to-overhaul-carmaker?link_source=ta_bluesky_link&taid=6a9a3b4348059c000187c24d

> 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.

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