Volkswagen board approves plan to cut another 50,000 jobs
The group - which includes Audi, Porsche, Skoda as well as the VW brand - plans to cut a total of 100,000 by 2030.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
""We are taking responsibility for our entire workforce.""
— Oliver Blume , Executive
""The carmaker had fought hard for good solutions to address a crisis situation.""
— Christianne Benner , Activist
Key People
Locations
All Coverage
The group - which includes Audi, Porsche, Skoda as well as the VW brand - plans to cut a total of 100,000 by 2030.
Similar Stories
Related coverage based on topic and tags
Porsche could face another 4,000 job cuts, Handelsblatt reports - Reuters
Porsche could face another 4,000 job cuts, Handelsblatt reports Reuters
September 19, 2026 at 11:46 AMVolkswagen to ramp up restructuring after profit warning - reuters.com
Volkswagen to ramp up restructuring after profit warning reuters.com
September 21, 2026 at 11:58 AMPorsche CEO assures staff no further job cuts planned, according to memo - reuters.com
Porsche CEO assures staff no further job cuts planned, according to memo reuters.com
September 21, 2026 at 07:33 AMThe road ahead for Volkswagen's restructuring - Reuters
The road ahead for Volkswagen's restructuring Reuters
September 25, 2026 at 05:04 AMMercedes aims to cut €800 million in labour costs in Germany, WiWo reports - Reuters
Mercedes aims to cut €800 million in labour costs in Germany, WiWo reports Reuters
September 24, 2026 at 05:50 AMVolkswagen China chief expects China's passenger car market to decline by 20% in 2026 - Reuters
Volkswagen China chief expects China's passenger car market to decline by 20% in 2026 Reuters
September 22, 2026 at 08:53 AM