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Volkswagen to Reduce Workforce by 100,000 by 2030
Volkswagen announced plans to cut 100,000 jobs by the end of the decade, representing about 15% of its global workforce. The decision follows management and union approval and includes potential closures of four major German plants. CEO Oliver Blume stated that the cuts are intended to align workforce levels with economic realities and to enhance the company's competitiveness.
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Oliver Blume - CEO
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Volkswagen announced plans to cut 100,000 jobs by the end of the decade, representing about 15% of its global workforce. The decision follows management and union approval and includes potential closures of four major German plants. CEO Oliver Blume stated that the cuts are intended to align workforce levels with economic realities and to enhance the company's competitiveness.
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