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Volkswagen Board Approves Plan for 50,000 Additional Job Cuts

  • Manufacturing
  • Sales & Business

Volkswagen’s supervisory board has unanimously approved Future Plan 2030, a restructuring blueprint that calls for an additional workforce adjustment of about 50,000 positions. The plan also targets a roughly 50% smaller model portfolio by 2035 and says the future production role of four German plants is not yet secured. Future Plan 2030 announcement

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