Volkswagen Faces Major Restructuring Amid Job Cuts and Model Reductions
13.07.2026, 22:00
Volkswagen is undergoing a significant restructuring as it plans to cut up to 100,000 jobs globally, with CEO Oliver Blume indicating that an additional 50,000 job cuts may be necessary. Despite internal disagreements and a rejected proposal for major plant closures, the automaker is determined to...