Volkswagen's CEO has told employees a further 50,000 jobs could go at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is targeting 100,000 cuts worldwide.

Volkswagen's CEO indicated potential for 50,000 more job cuts. This move aims to match competitor cost structures. The company already agreed to 50,000 reductions across its…

Volkswagen may double job cuts to 100,000 amid profitability crisis. No Fed rate cuts in 2026 at 78% YES.

Volkswagen may need to eliminate about 50,000 additional jobs to match the competitiveness of its rivals, its CEO told employees in an internal memo,...

The company had previously declined to comment on reports it was considering up to 100,000 job losses.

Volkswagen AG CEO Oliver Blume outlined a plan to eliminate as many as 50,000 more jobs as he attempts a cost reduction overhaul. Read here

Volkswagen's CEO has signaled the possibility of 50,000 more job cuts to address a 20% cost disadvantage and align with competitor efficiency levels.

Volkswagen's CEO told employees Monday a further 50,000 jobs could go at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is…

Chief executive Oliver Blume outlined the plans in a memo to staff as he desperately bids to cut costs at Europe's largest car maker.

Volkswagen's CEO has told employees a further 50,000 jobs could go at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is…

Volkswagen valuta ulteriori tagli al personale fino al 2030. Ecco perché il gruppo parla di altri 50.000 esuberi e quali stabilimenti potrebbero essere coinvolti

Reuters cites a Volkswagen Group internal memo in which CEO Oliver Blume told the staff to prepare for a 'theoretical reduction' of a further 50,000 jobs.

Volkswagen may cut up to 1,00,000 jobs as CEO Oliver Blume signals deeper cost restructuring amid shrinking profits, Chinese competition, and excess manufacturing capacity.