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🇨🇱 Chile /Economy & Trade

Volkswagen shares rise after announcing plan to cut 100,000 jobs

From BioBioChile · () Spanish

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

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  • Volkswagen shares closed 6.47% higher at the German stock exchange after the supervisory board approved its Transformation 2030 plan.
  • The plan includes cuts affecting a total of 100,000 jobs.

Volkswagen shares rose more than 6% on Friday after the company’s supervisory board approved its Transformation 2030 plan.

The German automaker’s stock closed 6.47% higher on the German exchange. The plan announced by Volkswagen includes eliminating a total of 100,000 jobs.

About this summary

Originally published by BioBioChile in Spanish. 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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