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Volkswagen plans to cut 50,000 jobs as profit slides | DW News
Posted
March 11, 2026
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March 11, 2026
274,689
3,561
1,473
1.83%
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12:39Now PlayingGermany's car manufacturing giant Volkswagen finds itself in crisis. The company says its operating profit fell by a staggering 44% last year and that led to the decision to cut a total of 50,000 jobs by the year 2030. The various brands under the VW group sold around 9 million vehicles worldwide. But that wasn't enough to cope with the headwinds.
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