Volkswagen Board to Consider 100,000 Job Cuts Amid Major Savings Plan

Volkswagen faces showdown as board meets to consider 100,000 job cuts

Volkswagen’s (VOWG.DE) proposal to cut up to ​100,000 jobs and close four German factories faces a major test on Thursday as the groups that control Europe’s largest carmaker ‌meet to discuss the plans, while workers protest against the overhaul. Faced with high costs and excess capacity at home, rising Chinese competition and US import tariffs, […]