Home Business News Volkswagen CEO flags 50,000 extra job cuts to staff as costs squeezed

Volkswagen CEO flags 50,000 extra job cuts to staff as costs squeezed

Volkswagen CEO flags 50,000 extra job cuts to staff as costs squeezed

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Published: July 13, 2026 19:30:05 IST

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By Rachel More BERLIN, July 13 (Reuters) – Volkswagen may need to cut about 50,000 extra jobs to boost keep up with rivals in an increasingly fierce car market, its CEO told staff in an internal memo,

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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