Volkswagen profits drop 10% as embattled automaker considers massive job cuts

https://lite.cnn.com/2026/07/24/business/volkswagen-profit-fall-job-cuts

Dead end industry, dead end for humanity.

39 points · 3 comments · view on lemmy.world

3 Comments

SuluBeddu@feddit.it · 6 pts · 42d

A reduction in profits is not an issue to the production itself... I would understand if it were a 10% reduction in revenue. Nobody needs to be fired, profits are still above 0, the company is sustainable

Eternal192@anarchist.nexus · 3 pts · 42d

Maybe get rid of the dead weight CEOs that have been dragging the company down for years instead of those that work to provide you profit, fucking idiots.

hanrahan@slrpnk.net · 2 pts · 42d

Dead end industry,

Alas no, just a changing of the guard to China

dead end for humanity.

indeed