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Volkswagen eyes 100,000 job cuts and four plant closures – report
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Volkswagen eyes 100,000 job cuts and four plant closures – report

Yahoo Finance · Jun 29, 2026, 10:45 AM

Key takeaways

  • Reuters, citing unnamed sources, said members of the supervisory board had been briefed on the proposals ahead of a formal discussion scheduled for 9 July.
  • The sites under review are in Hanover, Zwickau, Emden and Audi's plant in Neckarsulm.
  • Together, those locations employ more than 45,000 workers.

Volkswagen eyes 100,000 job cuts and four plant closures – report Global Data Mon, June 29, 2026 at 5:45 PM GMT+7 2 min read VOW.DE GM Volkswagen is assessing the closure of four factories in Germany and cuts of as many as 100,000 jobs, in what would amount to the "biggest" restructuring in the global automotive industry.

Reuters, citing unnamed sources, said members of the supervisory board had been briefed on the proposals ahead of a formal discussion scheduled for 9 July.

The sites under review are in Hanover, Zwickau, Emden and Audi's plant in Neckarsulm.

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