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Volkswagen to cut 50,000 jobs as part of restructuring plan

UPI
September 3, 2026 at 11:22 PM
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Volkswagen to cut 50,000 jobs as part of restructuring plan

Volkswagen said it would cut 50,000 more jobs as it faces surging competition from China, high energy prices, and a costly transition to EVs.

Volkswagen said it would cut 50,000 more jobs as it faces surging competition from China, high energy prices, and a costly transition to EVs.