Volkswagen will cut 50,000 more jobs by 2030. Four German plants may lose car production after 2031, but no Latin American plant is named.
Germany · AUTOS
Key Facts
—What happened Volkswagen’s supervisory board unanimously approved a plan to cut 50,000 more jobs.
—How big Total planned cuts reach about 100,000 by 2030, roughly 15% of Volkswagen’s workforce.
—What happens Four German plants may lose car production between 2031 and 2034: Hanover, Emden, Zwickau, Neckarsulm.
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