Business● ElevatedSep 4 · Sep 4, 2026, 12:34 AM
Volkswagen to cut another 50,000 jobs to counter tariffs and Chinese competition
GlobeAlert Desk · curated from France 24 [en] · global
Volkswagen announced Thursday that it will cut another 50,000 jobs worldwide, marking the biggest restructuring in the company's 89-year history, as the German carmaker faces pressure from US tariffs, overcapacity and fierce competition from Chinese rivals.
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