German automaker Volkswagen is reportedly considering cutting up to 100.000 jobs in Germany by 2030, double the 50.000 job cuts already announced this spring, according to information published by the German magazine. Store ManagerThe group has not confirmed this information, stating that it does not comment on internal and confidential documents.
A Volkswagen spokesperson acknowledged that the automaker is undergoing a profound transformation of its business model. Faced with rising energy costs, increasing competition from Chinese manufacturers, a slowing electric vehicle market, and trade tensions with the United States, the group believes its current model is no longer viable for all of its brands.
Factory closures have been mentioned.
Management, led by Oliver Blume, is also reportedly considering closing four production sites in Germany and reorganizing the Volkswagen brand, which could become a separate company. These plans have not been confirmed by the manufacturer.
The revelations have sparked concern among the works council and the IG Metall union. In a joint statement, they assert that employees and the affected regions are legitimately worried and promise to oppose any further job cuts or plant closures. At the end of April, Volkswagen had already announced a 28% drop in its net profit for the first quarter of 2026 and stated its intention to accelerate its extensive cost-cutting program.
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