Volkswagen Group Plans To Cut 50,000 Jobs; Announces Its Model Portfolio To Be Streamlined By About 50%, Offering Complexity Reduced By About 75% By 2035
https://www.volkswagen-group.com/en/press-releases/supervisory-board-approves-future-plan-2030-a-strong-signal-for-volkswagen-group-20662
Volkswagen is cutting 50,000 jobs and making fewer car models to save money and work more efficiently. When a big company makes these kinds of tough changes, watch whether their costs actually go down and if customers still like their cars.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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