Volkswagen is considering cutting up to 100,000 jobs and shutting four German factories, according to Reuters. The plans would represent the biggest restructuring in the automaker’s 89-year history.

Among the sites earmarked for shutdown are three Volkswagen plants — in Hanover, Zwickau, and Emden — as well as Audi’s facility in Neckarsulm. Those four locations together employ more than 45,000 workers. A union deal struck in late 2024 had already set a target of eliminating around 50,000 positions; the new figures, if confirmed, would push the overall reduction to twice that amount.

Continue reading at link below:

https://qz.com/volkswagen-job-cuts-100000-plant-closures-germany-062626