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Volkswagen Reportedly Considering Up to 100,000 Job Cuts, More Than 10% Of Its Staff, in Sweeping Restructuring

Volkswagen
International Business Times Fews App News Provider
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The proposed measures include shutting production at Volkswagen's plants in Hanover, Zwickau, and Emden, as well as Audi's factory in Neckarsulm. Jens Schlueter/AFP via Getty Images Volkswagen is weighing one of the most dramatic restructurings in its nearly 90-year history, with plans that could eliminate up to 100,000 jobs worldwide and close four factories in Germany. According to a Reuters report citing people familiar with the matter, members of Volkswagen's supervisory board have been informed of the proposals ahead of a key meeting scheduled for July 9.

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