Volkswagen AG’s supervisory board backed a sweeping restructuring that calls for 50,000 additional job cuts. Find out more here

Volkswagen says it will cut 50,000 more jobs, taking total losses to 100,000.

Volkswagen announces plans to cut 100,000 jobs by 2030, marking a historic restructuring amid economic challenges.

Volkswagen’s board backs 50,000 additional job cuts, fewer models and a smaller industrial footprint as the carmaker targets a 9% margin by 2030.