Volkswagen AG may slash up to 140,000 jobs as part of its restructuring strategy, with executives set to present the plans at the Wolfsburg factory townhall meetings.
The warning comes ahead of a presentation by CEO Oliver Blume
Aug 25, 2026
04:04 pm
What's the storyVolkswagen AG's labor representatives have warned that the company's planned job cuts could affect as many as 140,000 positions.
The warning comes ahead of a presentation by CEO Oliver Blume and brand chief Thomas Schafer at the company's main factory in Wolfsburg.
Volkswagen's job cuts could rise to 140,000, prompting union tensions and calls for strikes amid restructuring plans.
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