Copy Paste Quotes

VW plans to cut up to 10,000 jobs and shut plants, report says

German firm reportedly considering doubling previously announced staff reductions amid Chinese competition

Germany’s Volkswagen is to cut up to 100,000 jobs and reduce and eventually stop production at some plants, according to reports.

The company has refused to comment on reports of a management presentation at a board meeting outlining dramatic cost cutting, but if it goes ahead it would mean Volkswagen doubling previously announced staff reductions.

Continue reading...

Jun 26, 2026 Volkswagen (VW) Automotive industry Business

Need the full article?

Use the dedicated news page for the summary, then jump straight to the original source when you want the complete story.