Story Germany Volkswagen

Volkswagen board approves plan to cut 100,000 jobs

Germany

What to know

  • The group - which includes Audi, Porsche, Skoda as well as the VW brand - said in March that it would cut 50,000 roles.S1
  • The restructuring gives CEO Oliver Blume stronger backing as Volkswagen confronts high costs, weak demand and intensifying competition from Chinese automakersS2
Timeline · newest first
1mo BBC

Volkswagen board approves plan to cut 100,000 jobs

The group - which includes Audi, Porsche, Skoda as well as the VW brand - said in March that it would cut 50,000 roles.

1mo Thehindubusinessline

Volkswagen board approves 50,000 additional job cuts and major restructuring

The restructuring gives CEO Oliver Blume stronger backing as Volkswagen confronts high costs, weak demand and intensifying competition from Chinese automakers

Volkswagen board approves plan to cut 100,000 jobs

2 outlets 2 reports

What to know

  • The group - which includes Audi, Porsche, Skoda as well as the VW brand - said in March that it would cut 50,000 roles.S1
  • The restructuring gives CEO Oliver Blume stronger backing as Volkswagen confronts high costs, weak demand and intensifying competition from Chinese automakersS2
Timeline · newest first

Sources · 2 citations

S1 BBC 1 report · EN
S2 ThehindubusinesslineLead 1 report · EN