Sebastien AshAug 2, 2026 – 5.18pmFrankfurt | Volkswagen is axing hundreds of management roles as part of a cull of white-collar workers, flooding the job market at a time when Germany’s auto giants are under extreme pressure from Chinese car makers.Manufacturers such as Mercedes-Benz and Volkswagen were “squeezing out managers like mad”, said Magnus Tessner, automotive partner at executive search company IFP.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles