Volkswagen Approves Major Restructuring Plan Targeting 100,000 Jobs

Volkswagen board approves turnaround plan, flags 50,000 possible job cuts across group - reuters.com

Volkswagen board approves turnaround plan, flags 50,000 possible job cuts across group  reuters.com

Volkswagen Plans to Cut 50,000 Jobs

Facing growing competition from China and rapidly advancing technology, the German auto giant said Thursday its board had approved a “comprehensive” restructuring.

By James Paton

Volkswagen plans to cut 100,000 jobs by end of decade

The total cuts will be the largest restructuring ever carried out in the global automotive industry, amounting to about 15% of the carmaker's staff worldwide.

Volkswagen confirms it will cut 100,000 jobs by 2030

Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure The car company Volkswagen has confirmed that it will shed 100,000 jobs by the end of the decade after being hit by US tariffs and fierce competition from Chinese rivals. The German manufacturer said management and unions had agreed as part of a sweeping cost-cutting plan to cut a further 50,000 positions by 2030, bringing total job losses in the pipeline to 100,000. Continue re...

By Patrick Daly

Volkswagen could cut 50,000 jobs as board approves turnaround plan

Company cites increasing competitive pressure, changing demand patterns and technological change as reasons for planned measures

Volkswagen Appoints Marianne Heiss to Supervisory Board Ahead of Key Vote - Morningstar

Volkswagen Appoints Marianne Heiss to Supervisory Board Ahead of Key Vote  Morningstar

Volkswagen board approves plan that could cut 50,000 jobs

Car giant Volkswagen says cutting 100,000 jobs by end of decade - The Straits Times

Car giant Volkswagen says cutting 100,000 jobs by end of decade  The Straits Times

Volkswagen Says Cutting 100,000 Jobs By End Of Decade

German car giant Volkswagen said Thursday that management and unions had agreed to cut a further 50,000 jobs by the end of the decade, bringing total job losses to 100,000.

Volkswagen expands restructuring drive with 50,000 additional job cuts

Factbox-Main points of Volkswagen’s restructuring plan

By Reuters