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Volkswagen Intends to Lay Off 50,000 More Staff and Drastically Simplify Its Product Range
10 hour ago /
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Author：小编
On September 3, Volkswagen released a statement announcing that its supervisory board had unanimously green-lighted a sweeping restructuring initiative. This initiative is designed to boost operational efficiency and enhance the company's competitive edge. As part of this plan, Volkswagen will lay off an extra 50,000 employees, bringing the cumulative total of layoffs to 100,000. Concurrently, the company is set to streamline its business operations and asset holdings, with a strategic goal of slashing its model lineup by roughly half by the year 2035.
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