Volkswagen: 100,000 jobs cut
Volkswagen announced plans to cut up to 100,000 jobs, representing approximately 15% of its workforce, as part of a broader strategy to reduce costs amid a significant investment freeze. The company is also planning to close four plants in Germany. This decision comes as Volkswagen aims to improve its operating margins and adapt to changing market conditions.
Conservative
0
Core Estimate
15,000
Upper Bound
35,000
Sources
Volkswagen 100,000-job cut report links to €23 billion investment freeze
Volkswagen 100,000-job cut report links to €23 billion investment freeze Dark Light Today: 26 June 2026 AI-Powered Real-Time Market Intelligence for Stocks, Crypto, Forex and Commodities 26 June 2026 Stock Market· XETRA:VOW3 2 mins read # Volkswagen 100,000-job cut report links to €23 billion investment freeze https://ts2.tech/en/author/iwona/ by Iwona Majkowska BERLIN, June 26, 2026, 11:01 CEST - Volkswagen’s reported job cuts would hit about 15% of its workforce as of March and coul
Volkswagen planning to cut up to 100,000 jobs globally - BBC News
Volkswagen planning to cut up to 100,000 jobs globally - BBC News Getty Images Theo Leggett International Business Correspondent 13 July 2026 The chief executive of the German car giant Volkswagen Group has confirmed it is looking to cut up to 100,000 jobs – twice as many as previously stated. The group, which includes Porsche, Audi, Seat and Skoda as well as the VW brand, had previously said it would axe some 50,000 posts in Germany by 2030. It suffered a steep decline in profits last ye