EconomyVolkswagen earmarks €16 bln for job cuts, plant closures, source says
Volkswagen estimates that job cuts and possible plant closures under a landmark restructuring agreement reached last week will cost about €16 billion ($18.6 billion), according to a person familiar with the matter.
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Reuters★★★☆☆2026-09-10 14:00Original
Volkswagen earmarks €16 bln for job cuts, plant closures, source says
Economy