Volkswagen Will Shed Tens Of Thousands Of Jobs In a Large Restructuring Plan. It Will Spend Billions On It.

Source: International Business Times

Volkswagen will spend about €16 billion to implement a massive restructuring plan. Jens Schlueter/AFP via Getty Images Volkswagen will spend about €16 billion to implement a massive restructuring plan, according to a new report. Reuters detailed that the plan involves considering alternatives for four plants in Germany that will run out of models to produce over the next decades.