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Business / Mon, 13 Jul 2026 The Times of India

Europe's biggest car maker Volkswagen tells employees in internal memo it may cut up to 100,000 jobs; CEO Oliver Blume says: We still cannot...

Volkswagen's CEO, Oliver Blume, is reportedly planning drastic measures to boost competitiveness, including potentially cutting up to 100,000 jobs and closing four German factories. Why Volkswagen is 100,000 cutting jobs: tariffs, China and a 20% cost gapThe four German plants Volkswagen cannot find a use forWhat Volkswagen said publicly, and what it kept in the memo

Volkswagen's CEO, Oliver Blume, is reportedly planning drastic measures to boost competitiveness, including potentially cutting up to 100,000 jobs and closing four German factories.

Why Volkswagen is 100,000 cutting jobs: tariffs, China and a 20% cost gap

The four German plants Volkswagen cannot find a use for

What Volkswagen said publicly, and what it kept in the memo

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