Volkswagen’s stock gets boost from plan to double job cuts to 100,000

Volkswagen's supervisory board unanimously approved a restructuring plan on an unspecified date that includes cutting approximately 50,000 jobs. The headline references a plan to double job cuts to 100,000, but the provided text only confirms approval of cuts around 50,000 positions. Additional details about timing, locations, or the company's justification for the reductions are not included in the source material.

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