Zwickau
rural district of Saxony, Germany
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business Jun 26, 2026, 5:14 PM
Volkswagen plans to cut 100,000 jobs amid industrial decline - Volkswagen is considering closing four factories and cutting up to 100,000 jobs due to declining profits.
- The company has faced increased competition from Chinese automakers and soaring energy costs.
- The proposed cuts have sparked resistance from unions, indicating significant implications for workers.
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2026 All rights reserved
2026 All rights reserved