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🇧🇪 Belgium /Economy & Trade

Volkswagen confirms plans to cut another 50,000 jobs worldwide, putting four German plants at risk of closure

From VRT NWS · () Dutch

Translated from Dutch and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Volkswagen plans to cut another 50,000 jobs worldwide, bringing total job losses to 100,000.
  • The cuts would affect about 15% of the European automaker’s workforce, while four German factories face closure.

Volkswagen says it plans to eliminate another 50,000 jobs worldwide in the coming years, placing four of its German factories at risk of closure.

The German automaker’s latest announcement brings the total number of jobs set to disappear at Europe’s largest carmaker to 100,000. That represents about 15% of its total workforce.

The company did not provide further details in the supplied report about the timing of the cuts or which German plants could close.

About this summary

Originally published by VRT NWS in Dutch. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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