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Volkswagen Eyes 100K Cuts Amid Cost Crisis | US News
Volkswagen is preparing for massive layoffs—potentially up to 100,000 jobs globally—as CEO Oliver Blume pushes to close a 20% cost gap with rivals. A leaked memo confirms plans for another 50,000 cuts across brands like Porsche and Audi, with factories in Emden, Hanover, Zwickau, and Neckarsulm under threat. Workers and labor reps are pushing back, demanding clarity, while Blume explores “intelligent solutions” like repurposing plants for defense or building Chinese models in Europe—all amid intense pressure to stay competitive in a brutal global auto market. Listen in comfort:Get a discount…
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