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100,000 jobs and four plants: Volkswagen reportedly plans radical overhaul

Euronews · Jun 26, 2026, 8:40 AM · Also reported by 4 other sources

Why this matters: an international story with cross-border implications worth tracking.

Volkswagen is reportedly preparing the most radical overhaul in its history. Up to 100,000 jobs could be cut worldwide, twice as many as thought, and four German plants may close.

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The Guardian VW plans to cut up to 10,000 jobs and shut plants, report says Financial Times Volkswagen to axe up to 100,000 jobs in sweeping cost-cutting drive ESPN Final Four MOP Cadeau plans to stay at Michigan Investing.com Volkswagen CEO aims to cut up to 100,000 jobs in next years, Manager Magazin reports

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