🚗 Volkswagen’s supervisory board has approved a…
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🚗 Volkswagen’s supervisory board has approved a restructuring plan that brings planned job cuts to about 100,000 by 2030. The programme includes 50,000 additional reductions on top of 50,000 already planned, and a roughly halved model range.
The company says it has 500,000 vehicles of excess annual production capacity in Europe. It said long-term vehicle production cannot be secured at plants in Emden, Zwickau, Hanover and Neckarsulm, though alternative uses will be explored.
The scale is substantial: Volkswagen reported 662,942 employees worldwide at the end of 2025, including Chinese joint ventures, so the planned total is roughly 15% of that workforce. The company has not detailed when or where the new cuts would fall. 📉
Volkswagen is responding to lower-cost Chinese competition, weaker sales in China, US tariffs and sluggish electric-vehicle demand. It also says it plans major research and development investment; implementation, including the future of the four German sites, remains unresolved.
https://nutanica.com/Volkswagen_Group
The company says it has 500,000 vehicles of excess annual production capacity in Europe. It said long-term vehicle production cannot be secured at plants in Emden, Zwickau, Hanover and Neckarsulm, though alternative uses will be explored.
The scale is substantial: Volkswagen reported 662,942 employees worldwide at the end of 2025, including Chinese joint ventures, so the planned total is roughly 15% of that workforce. The company has not detailed when or where the new cuts would fall. 📉
Volkswagen is responding to lower-cost Chinese competition, weaker sales in China, US tariffs and sluggish electric-vehicle demand. It also says it plans major research and development investment; implementation, including the future of the four German sites, remains unresolved.
https://nutanica.com/Volkswagen_Group
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