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Volkswagen board approves plan to cut another 50,000 jobs

FW Desk News

FreightWatch.News

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Friday, September 4, 2026

Volkswagen's board has approved plans to cut another 50,000 jobs. The decision reflects pressure on the German carmaker to improve competitiveness. Hans Dieter Pötsch, a key company figure, stated that Volkswagen is at a historic crossroads. The restructuring aims to streamline the workforce and reduce costs. No implementation timeline was announced.

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