Exclusive news and data that keep market professionals aheadSunday, October 25, 2026

Volkswagen plans to cut another 12,000 jobs in Germany by 2030

Berlin, Oct 25 (Sputnik/UNI) German automaker Volkswagen intends to cut an additional 12,000 jobs by 2030 as part of an intensified cost-cutting programme, the Bild newspaper reported. According to the publication, these cuts will be in addition to a previously approved workforce optimisation programme, which already includes plans to eliminate more than 35,000 positions. Management intends to carry out the layoffs in a "socially responsible" manner by offering employees the option to transition to state-supported retraining programmes. Nevertheless, the trade union IG Metall has threatened to launch strikes at the automaker starting in 2027. Formal collective bargaining negotiations are scheduled…

News Details

Words:
100
Type:
TEXT
Slug:
GERMANY VOLKSWAGEN CUTS
Source
UNI India
Category
,
Published At
25/10/26 03:25
Last updated
25/10/26 03:25
Location
India