Volkswagen to cut up to 50,000 jobs amid growing Chinese competition

Volkswagen to cut up to 50,000 jobs amid growing Chinese competition

Volkswagen has been under unprecedented pressure to restructure the business model that underpinned its success for decades

4 Sept, 08:38

Volkswagen approves plan to cut another 50,000 jobs

The German car giant had indicated in July that it would need to make cuts to improve its financial future.

4 Sept, 07:36

Volkswagen approves plan to cut another 50,000 jobs

The German car giant had indicated in July that it would need to make cuts to improve its financial future.

4 Sept, 07:36

Volkswagen board approves plan to cut 100,000 jobs

The group - which includes Audi, Porsche, Skoda as well as the VW brand - said in March that it would cut 50,000 roles.

4 Sept, 00:18

Volkswagen confirms it will cut 100,000 jobs by 2030

Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure The car company Volkswagen has confirmed that it will shed 100,000 jobs by the end of the decade after being hit by US tariffs and fierce competition from Chinese rivals. The German manufacturer said management and unions had agreed as part of a sweeping cost-cutting plan to cut a further 50,000 position…

3 Sept, 22:04