Volkswagen reportedly plans to lay off up to 100,000 employees worldwide in a massive downsizing that illustrates how Chinese competition is reshaping the global automotive industry.

Der VW-Vorstand plant offenbar einen noch radikaleren Stellenabbau als bislang bekannt. Vier deutsche Werke könnten laut einem Bericht komplett geschlossen werden.

Der VW-Vorstand plant offenbar einen noch radikaleren Stellenabbau als bislang bekannt. Vier deutsche Werke könnten laut einem Bericht komplett geschlossen werden.

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…

Volkswagen is reportedly preparing what could become the most radical overhaul in its history. Up to 100,000 jobs could be cut worldwide, while four German plants could close.

Volkswagen plans to cut up to 100,000 jobs and close four German plants in its biggest restructuring ever, driven by EV competition and high production

BERLIN — Volkswagen CEO Oliver Blume aims to cut up to 100,000 jobs from the current workforce worldwide over the next few years and discontinue production at four of the group's…

A worrying report claims Volkswagen will ramp up its cost-cutting efforts by doubling the planned layoffs to 100,000 employees and closing four plants.

German firm reportedly considering doubling previously announced staff reductions amid Chinese competition

Volkswagen, Europe's largest carmaker, is set to cut tens of thousands of jobs and close several plants in Germany as it grapples with rising costs and fierce competition in the…

Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.

A new report from Germany’s Manager Magazin says CEO Oliver Blume has already presented his plans to the company’s board.

Restructuring follows blockbuster sale of marine engines unit to US private equity firm Bain

Volkswagen AG plans to cut 1 lakh jobs and potentially close factories as CEO Oliver Blume aims to enhance competitiveness in Europe's largest automaker.

Volkswagen, one of the world’s largest automakers, is reportedly planning to axe as many as 100,000 jobs over the next few years, representing 15% of its global workforce.

Volkswagen is contemplating the closure of four German factories and up to 100,000 job cuts due to intense competition from Chinese automakers.

ドイツ自動車大手フォルクスワーゲン(VW)がグループで最大10万人の雇用を削減し、国内4工場での生産終了を計画していることが26日、わかった。英フィナンシャル・タイムズ(FT)紙などが報じた。欧州市…

Volkswagen reportedly plans to cut 100,000 jobs, about 15% of its workforce, and close German plants, in the biggest overhaul in its history.

Volkswagen AG is looking to cut tens of thousands of additional jobs and may shutter factories in a push to be more competitive. Read here

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