Volkswagen CEO Oliver Blume confirms 19,000 German job cuts by end of 2026, part of a broader plan to eliminate over 28,000 positions by 2030 amid EV and

Volkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by the end of this year. A binding target…

More than 28,000 job cuts have been agreed as a binding target for 2030.