EconomyHow Volkswagen's huge workforce became a costly burden

Volkswagen employs nearly 630,000 people and is preparing to cut 50,000 more jobs worldwide after previous reductions. Its oversized workforce reflects extensive in-house production, years of brand acquisitions and costly German operations, while a slow shift to electric vehicles has left the carmaker under pressure from Chinese competitors. The company also wants to close four German factories, though its supervisory board has not yet approved immediate implementation.

Volkswagenjob cutsGerman auto industryelectric vehicles

DDW★★★☆☆2026-09-04 07:18Original