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Volkswagen plans 50,000 more job cuts amid biggest overhaul in its history
Business Insider· 2026-09-04 05:52
Volkswagen plans to cut roughly 50,000 more jobs worldwide.On Thursday, the company's supervisory board approved its "Future Plan 2030," a 12-part restructuring effort that Volkswagen calls the "most extensive transformation program" in its history.Volkswagen said a "fundamental adjustment" of its global workforce — including management roles — will be necessary beyond its existing cost-cutting programs. It did not say where the positions would be eliminated, when the reductions would happen, or whether the ...