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Volkswagen Announces 50,000 Job Cuts Amid Profit Decline
Volkswagen plans to cut 50,000 jobs in Germany by 2030, exceeding initial forecasts, as the automaker faces a decline in profits, with its net result reaching 6.9 billion euros last year due to US tariffs and unforeseen restructuring costs.
10 Mar, 09:36 — 10 Mar, 19:13
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cnbcMostly Factual12d ago
Volkswagen flags a tough year ahead as 2025 profit halves on tariffs, China competition
Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.
Read full article →ekathimeriniMostly Factual12d ago
Fuel and Power Pass to return as energy prices soar - eKathimerini.com
Fuel and Power Pass to return as energy prices soar eKathimerini.com
Read full article →punch-ngMostly Factual13d ago
Volkswagen to cut 50,000 jobs as profit slides
Volkswagen announces it will cut 50,000 jobs in Germany by 2030 as its annual profit slides to its lowest level since 2016 amid fierce competition. Read More: https://punchng.com/volkswagen-to-cut-50000-jobs-as-profit-slides/
By Punch Newspapers
Read full article →Coverage Timeline
First report: el-mundo · 10 Mar, 07:49|Full coverage: 10 · 11h|Window: 11h
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