German automaker Volkswagen plans to cut 50,000 jobs by 2030 as profits fall due to increased competition with Chinese automakers and U.S. tariffs.

La multinacional anuncia una reducción de 50.000 empleos hasta 2030

Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.