Volkswagen says it will cut 100,000 jobs by end of decade

Volkswagen job cuts
Covered by 16 sources
- CNBC Top News·1d agoVolkswagen plans 50,000 job cuts as analysts see ‘halo effect’ for German auto industry
Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.
Read at CNBC Top News → - Daily Mail News·1d agoVolkswagen ups job cuts to 100,000 by 2030 as part of sweeping cost-saving overhaul
The board of Volkswagen has agreed to cut 50,000 more jobs by 2030 as part of a sweeping restructuring programme in an attempt to counter the impact of tariffs and competition from Chinese rivals.
Read at Daily Mail News → - Irish Examiner Business·1d agoVolkswagen to cut 100,000 jobs by 2030
German manufacturer approves a plan that involved 'the reduction of about 50,000 jobs, on top of another 50,000 already agreed
Read at Irish Examiner Business → - Irish Independent World·1d agoGerman car giant Volkswagen to cut another 50,000 jobsRead at Irish Independent World →
- ARY News PK·1d agoVolkswagen flags 50,000 job cuts across group as board approves turnaround plan
Volkswagen flags 50,000 job cuts across group as board approves turnaround plan
Read at ARY News PK → - Brisbane Times·1d ago‘Crisis situation’: Volkswagen to cut another 50,000 jobs as it fights to survive
Volkswagen has unveiled its turnaround plan as the legendary carmaker battles to turn around its fortunes.
Read at Brisbane Times → - Deccan Chronicle Ent·1d agoVolkswagen Flags 50,000 Job Cuts Across Group as Board Approves Turnaround Plan
The plan, the most extensive restructuring in Volkswagen's 89-year history, includes exploring alternatives for four German plants that will eventually run out of models during the next decade.
Read at Deccan Chronicle Ent → - Business Today IN·1d agoVolkswagen 'Future Plan' approved, 50,000 jobs to be cut in biggest overhaul: Report
The overhaul, known as the Future Plan, includes an additional 50,000 job cuts worldwide, far fewer models and a smaller industrial footprint as the company tries to reset its business.
Read at Business Today IN → - BBC Business·1d agoVolkswagen board approves plan to cut another 50,000 jobs
The group - which includes Audi, Porsche, Skoda as well as the VW brand - plans to cut a total of 100,000 by 2030.
Read at BBC Business → - DW News EN·1d agoVolkswagen to cut 100,000 jobs by end of decade
The company will carry out the biggest job cuts ever seen in the industry. Volkswagen also plans to restructure and invest in research.
Read at DW News EN → - The West Australian·1d agoVolkswagen double job cuts to 50,000 and puts brake on new models
Volkswagen’s supervisory board has backed a sweeping overhaul that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint.
Read at The West Australian → - Guardian World·1d agoVolkswagen announces 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 announced it will shed 100,000 jobs by the end of the decade after being hit by US tariffs and fierce competition from Chinese…
Read at Guardian World → - NDTV Top Stories·1d agoVolkswagen 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.
Read at NDTV Top Stories → - Globe and Mail Biz·2d agoVolkswagen 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
Read at Globe and Mail Biz → - NZ Herald Business·2d agoVolkswagen says it will cut 100,000 jobs by end of decade
Volkswagen says it will cut 50,000 more jobs, taking total losses to 100,000.
Read at NZ Herald Business →