Volkswagen CEO aims to cut up to 100,000 jobs in next years, Manager Magazin reports

submitted 1 week ago by

schizoidman@lemmy.zip

https://www.reuters.com/business/autos-transportation/volkswagen-ceo-aims-cut-up-100000-jobs-next-years-manager-magazin-reports-2026-06-26/

cross-posted from : https://lemmy.zip/post/66829072

Volkswagen CEO Oliver Blume aims to cut up to 100,000 jobs from the current workforce worldwide over the ‌next few years and discontinue production at four of the group’s German plants, Manager Magazin reported on Friday.

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birdwing@lemmy.blahaj.zone

Let me guess, the CEO doesn’t get fired?

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thesdev@feddit.org

Fired? The whole leadership is gonna get bonuses for the cost-cutting measures.

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birdwing@lemmy.blahaj.zone

Literal wage theft

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