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Volkswagen reportedly plans to cut 100,000 jobs
Key takeaways
- The workers' union plans to fight the cuts.
- The plan represents the automaker's largest overhaul in its 89-year history.
- As part of the changes, Volkswagen will reportedly cease production at its Hanover, Zwickau, Emden and Audi Neckarsulm plants.
The workers' union plans to fight the cuts.
Tobias Arhelger/Shutterstock Volkswagen, the auto giant that leads Europe in electric vehicle production, plans to cut 100,000 jobs or 15 percent of its global workforce at German plants over the coming years, Manager Magazin reported. The plan represents the automaker's largest overhaul in its 89-year history.
As part of the changes, Volkswagen will reportedly cease production at its Hanover, Zwickau, Emden and Audi Neckarsulm plants. Zwickau, in Saxony, was recently converted to an electric car production site for six EV models across the company's VW, Audi and Cupra brands. That plant has seen multiple production pauses due to what the company has called weak demand for EVs.
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