Volkswagen says to cut 50,000 jobs as profit slides
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Source: The Manila Times
Published: 2026-03-10 19:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Financial Markets, Labour & Workers, Business & Economy
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Snippet:
WOLFSBURG, Germany — Volkswagen said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016.
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