NYT
Volkswagen Plans to Cut 50,000 Jobs
Thursday, September 3, 2026
Volkswagen's board approved a restructuring plan on Thursday that includes cutting 50,000 jobs, according to the company. The cuts will affect operations across the manufacturer's global workforce. Volkswagen cited competition from Chinese automakers and technological advancement as factors in the decision.
Original reporting: https://www.nytimes.com/2026/09/03/business/volkswagen-job-cuts.html