https://www.live-feeds.com/feed/volkswagen-to-cut-100-000-jobs-by-end-of-decadeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/volkswagen-to-cut-100-000-jobs-by-end-of-decadehttps://www.live-feeds.com/feed/volkswagen-to-cut-100-000-jobs-by-end-of-decade#u58962Sun, 06 Sep 2026 11:40:56 +0000Volkswagen faces mounting economic pressure, with total projected job losses reaching 100,000 by the end of the decade. The supervisory board approved cutting about 50,000 positions and retiring half of the vehicle model lineup by 2035. This workforce reduction targets excess manufacturing capacity and sluggish electric vehicle demand. European stocks rose following the announcement. Meanwhile, German Chancellor Friedrich Merz warned that the crisis at Volkswagen highlights widespread difficulties confronting the automotive industry across Germany and Europe.Why it mattersTraditional automaker https://www.live-feeds.com/feed/volkswagen-to-cut-100-000-jobs-by-end-of-decadehttps://www.live-feeds.com/feed/volkswagen-to-cut-100-000-jobs-by-end-of-decade#u58371Sat, 05 Sep 2026 18:45:56 +0000Volkswagen's supervisory board unanimously approved cutting about 50,000 jobs and retiring half its model lineup by 2035. This addition brings the total projected job losses to 100,000 by 2030. The restructuring addresses excess manufacturing capacity and weak electric vehicle demand while facing competition from China and US tariffs. European stocks rose following the announcement. Chancellor Friedrich Merz stated the crisis at Volkswagen represents the broader difficulties facing the automotive industry across Germany and Europe.Why it mattersThe automaker is slashing its vehicle lineup https://www.live-feeds.com/feed/volkswagen-to-cut-100-000-jobs-by-end-of-decadehttps://www.live-feeds.com/feed/volkswagen-to-cut-100-000-jobs-by-end-of-decade#u57597Sat, 05 Sep 2026 01:47:26 +0000Volkswagen will eliminate 100,000 jobs by 2030 as part of a global restructuring effort. The plan consists of 50,000 previously agreed reductions and 50,000 new job cuts recently approved by the company board. To further reduce costs, the automaker will close four plants and remove half of its vehicle lineup. The company is responding to weak electric vehicle demand, increased competition from China, and the pressure of US tariffs. Market reaction was positive, with European stocks for the company soaring following the announcement.Why it mattersThis move represents the largest job cut plan in