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News
Volkswagen flags 50,000 job cuts across group as board approves turnaround plan
1+ week, 3+ day ago (398+ words) Saturday September 05, 2026 Volkswagen's supervisory board yesterday (3 September) approved a transformation plan that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity and aggressive Chinese rivals. The plan, the most extensive restructuring in Volkswagen's 89-year history, includes…...