Volkswagen AG may slash up to 140,000 jobs as part of its restructuring strategy, with executives set to present the plans at the Wolfsburg factory townhall meetings.

Volkswagen's job cuts could rise to 140,000, prompting union tensions and calls for strikes amid restructuring plans.

Volkswagen AG may slash up to 140,000 jobs as part of its restructuring strategy, with executives set to present the plans at the Wolfsburg factory townhall meetings.