Volkswagen plans 100,000 job cuts by 2030, half in Germany
CEO Oliver Blume announces a historic transformation plan to cut costs.
Published 2h4 sources✓ ConfirmedMajorupdated 1h
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The fact
Half of the job cuts would affect Germany, where costs are 30% higher than competitors.
The plan aims to offset collapsing sales in China and modernize the company.
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