Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructureThe 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 …
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 restructureThe 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 …
Originally reported by Guiden World