Volkswagen’s supervisory board has approved a…
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Volkswagen’s supervisory board has approved a restructuring plan that raises planned job cuts to 100,000 by 2030, about 15% of the group’s workforce. 🚗
The plan adds 50,000 positions to the company’s previous target and will halve Volkswagen’s model range. Four German plants will remain open for now, with production scheduled to end in stages between 2031 and 2034.
The decision ends a dispute with unions over the company’s revival plan. Volkswagen says it faces Chinese competition, weaker sales in China, tariffs and excess European production capacity.
The scale is large: Volkswagen reported 662,942 employees worldwide at the end of 2025. The board said Europe has capacity to build 500,000 vehicles for which there is no market. 🏭
The approved plan establishes the reduction target and the factories’ staggered timetable; the eventual use of those sites after production ends remains unclear.
https://nutanica.com/Volkswagen
The plan adds 50,000 positions to the company’s previous target and will halve Volkswagen’s model range. Four German plants will remain open for now, with production scheduled to end in stages between 2031 and 2034.
The decision ends a dispute with unions over the company’s revival plan. Volkswagen says it faces Chinese competition, weaker sales in China, tariffs and excess European production capacity.
The scale is large: Volkswagen reported 662,942 employees worldwide at the end of 2025. The board said Europe has capacity to build 500,000 vehicles for which there is no market. 🏭
The approved plan establishes the reduction target and the factories’ staggered timetable; the eventual use of those sites after production ends remains unclear.
https://nutanica.com/Volkswagen
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