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German Volkswagen announced that it is considering cutting an additional 50,000 jobs worldwide as part of a cost-cutting and competitiveness plan. This move follows the elimination of 50,000 jobs in Germany since 2024. The company faces pressure due to rising tariffs, low margins in the electric vehicle sector, and fierce competition in the Chinese market. Reports indicate that the company is striving for greater financial stability despite criticisms from labor unions.
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