Volkswagen board approves cutting 50,000 more jobs and ending production at 4 plants
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Source: The Manila Times
Published: 2026-09-04 07:39 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Europe, Germany, Labour & Workers, World News
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Snippet:
FRANKFURT, Germany — Volkswagen’s board of directors on Thursday approved a sweeping cost-cutting plan that would cut 50,000 jobs, slim the company's model line by half and end auto production at four German plants.
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