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Author: James Paton

Automobiles Blume, Oliver (1968- )China Electric and Hybrid Vehicles Factories and Manufacturing Germany Ig Metall Layoffs and Job Reductions Prices (Fares, Fees and Rates)Volkswagen AG

September 3, 2026 James Paton

Volkswagen Plans to Cut 50,000 Jobs

Facing growing competition from China and rapidly advancing technology, the German auto giant said Thursday its board had approved a “comprehensive” overhaul.

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