Top bosses are considering restructuring and dramatically cutting down the size of the workforce, according to local media.

Volkswagen CEO Oliver Blume aims to slash up to 100,000 jobs from its workforce worldwide over the next few years, Manager Magazin reported on Friday.

Volkswagen is reportedly preparing for the most radical restructuring in its history. Up to 100,000 jobs could go worldwide, twice as many as previously known. Four German plants…