Volkswagen Board Approves Up to 100,000 Job Cuts and Possible Closure of Four German Plants
Volkswagen's board has approved a restructuring plan that could cut up to 100,000 jobs globally and may close four German production sites, reflecting mounting financial pressures and industry uncertainty.
Read the full story → · Latest coverage 4 Sept 2026, 3:16 pm UTC
Key moments · 8
Volkswagen board decides to close four German plants
DIE WELT ↗Saxony leader rejects rumors of Zwickau plant closure
Deutschlandfunk - Fortlaufende Nachrichten vom 24. August 2026 ↗Supervisory board prepares for key restructuring meeting
ARD Tagesschau ↗Supervisory board approves Volkswagen's restructuring plan
DIE WELT ↗Plan includes 50,000 job cuts and uncertain plant futures
DIE ZEIT | Nachrichten, News, Hintergründe und Debatten ↗Volkswagen confirms 50,000 jobs to be cut by 2030
The Hindu ↗Volkswagen board unanimously approves 50,000 global job cuts
The New York Times ↗Volkswagen announces 100,000 job cuts by 2030
Deutsche Welle ↗
