Volkswagen plans to cut 15% of its workforce and close four German plants, report says
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Source: CNBC
Published: 2026-06-26 21:27 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Europe, Germany, Labour & Workers
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Snippet:
Auto giant Volkswagen is planning to cut 100,000 jobs and end production at four German plants over the coming years, according to a report from Manager Magazin, in a move that would represent the most radical overhaul in the firm's 89-year history.
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