Volkswagen Approves Future Plan 2030 With 50,000 Job Cuts

BeInCrypto Editorial

(04:37 AM UTC)

1 min read

Volkswagen’s supervisory board signed off on a plan that cuts 50,000 more jobs across the group. The reductions double a workforce program already running at Europe’s largest carmaker.

The German automaker announced the decision on Thursday. It also plans to shrink its model range by roughly 50% by 2035 and lift profitability.

Volkswagen Sets 2030 Targets While Four Plants Face Uncertainty

The…

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