EconomyVolkswagen shares jump 6% on plans to cut 50,000 jobs amid tariffs and China competition
Volkswagen shares rose 6% on Friday after the company announced plans to eliminate another 50,000 jobs as part of its transformation plan, amid tariff pressures and competition from China.
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CNBC★★☆☆☆2026-09-04 09:05Original
Volkswagen shares jump 6% on plans to cut 50,000 jobs amid tariffs and China competition
Economy