Volkswagen plans to cut 100,000 jobs

Volkswagen is planning to reduce its workforce by about 100,000 jobs over the next five years and intends to cut its investments by 15%, bringing them down to approximately €130 billion ($148 billion). The plan includes closing factories in Hanover, Zwickau, Emden, and the Audi plant in Nörvenich after their production cycles end. Additionally, the Osnabrück plant faces risks following the decision to cancel the production of the T-Roc by 2027, with workers demanding clarity about the plant's future and assurances of job continuity.

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