Volkswagen to Eliminate 100,000 Jobs by 2034
Translated from Croatian and summarized by DistantNews. Read the original for the full story.
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- Volkswagen management has reportedly announced plans to close four plants and eliminate 100,000 jobs by 2034, according to leaked supervisory board documents and subsequent company confirmation.
- Production is scheduled to end in Emden and Zwickau in 2031, Hannover in 2032 and Audi's Neckarsulm plant in 2034.
- The reported plan would affect a group that employs more than 650,000 people across brands including ล koda, SEAT, Porsche, Cupra and Lamborghini.
Volkswagen plans to close four factories and eliminate 100,000 jobs by 2034, according to leaked documents from the group's Supervisory Board. WirtschaftsWoche first reported on the documents, and Volkswagen management later confirmed them in a statement.
The schedule sets the end of production in Emden and Zwickau for 2031. Production would end in Hannover in 2032, followed by Audi's factory in Neckarsulm in 2034.
The reported cuts come at a company that employs more than 650,000 people across its brands. Those brands include ล koda, SEAT, Porsche, Cupra and Lamborghini.
About this summary
Originally published by Veฤernji List in Croatian. 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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