Volkswagen to cut a further 50 000 jobs as it ends a row with unions over a revival plan.
4 September 2026
The car company has approved controversial plans to shed jobs in a battle for survival as it faces fierce competition from Chinese rivals.
After the latest round of talks this week, the company announced a further 50 000 job cuts and agreed a staggered end to current production at four German plants between 2031 to 2034.
After the latest round of talks this week, the company announced a further 50 000 job cuts and agreed a staggered end to current production at four German plants between 2031 to 2034.