Volkswagen board approves plan to cut another 50,000 jobs - BBC News
The group - which includes Audi, Porsche, Skoda as well as the VW brand - plans to cut a total of 100,000 posts by 2030.
Image source, EPA-EFE/REX/ShutterstockByOsmond ChiaBusiness reporterPublished4 September 2026, 01:18 BSTUpdated 8 hours agoThe board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of the biggest restructuring in the group's almost nine-decade history.
It brings the total number of roles the carmaker plans to shed by 2030 to 100,000, after announcing in March that it would cut 50,000 roles.
The group - which includes Audi, Porsche, Skoda as well as the VW brand - is also considering the future of four of its German plants.
The move is a "strong signal" for the future of the firm, which is "taking responsibility for our entire workforce", VW's chief executive Oliver Blume said in a statement on Thursday.
Blume said in July that the firm was looking to make the additional cuts.
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