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ID: 55806363 Video

Headline: Volkswagen Plans Up to 100,000 Job Cuts in Major Overhaul

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The German automaker plans to cut up to 100,000 jobs worldwide and close four factories in Germany as part of its largest restructuring effort in decades

Keywords: Current Affairs & Politics,Volkswagen,major,overhaul,job cuts,100,000,Hanover,Zwickau,Emden,Audi,labour unions,plants,2030,competitiveness,Oliver Blume,CEO,supervisory board,profits,Chinese EV makers,Germany,automakers,market,challenges

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