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Volkswagen to slash half its vehicle lineup and 50,000 jobs in cost-cutting effort | CNN Business
Volkswagen Group announced late Thursday that it plans to eliminate 50,000 jobs and cut half of its vehicle offerings. The German automaker is struggling with headwinds from increasing Chinese competition in Europe and tariff costs on its shipments to the US market.
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abcnews.com
Volkswagen board approves cutting 50,000 more jobs and ending production at 4 plants
Volkswagen’s board has approved a major cost-cutting plan to counter low-cost competition in China and U.S. tariffs
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thehindu.com
Volkswagen says cutting 100,000 jobs by end of decade
Volkswagen announces plans to cut 100,000 jobs by 2030, marking a historic restructuring amid economic challenges.
