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

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.

32 points · 3 comments · view on lemmy.world

3 Comments

birdwing@lemmy.blahaj.zone · 17 pts · 62d (2 replies)

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

thesdev@feddit.org · 9 pts · 62d (1 reply)

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

birdwing@lemmy.blahaj.zone · 8 pts · 62d

Literal wage theft