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Volkswagen’s long road to job cuts and restructuring

  • Posted on September 4, 2026
  • By CNBC
  • 0 Views
  • 1 min read
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Volkswagen’s long road to job cuts and restructuring
Volkswagen’s long road to job cuts and restructuring

Volkswagen's supervisory board has approved a transformation plan that will see an additional 50,000 jobs cut, on top of 50,000 redundancies already underway. From the "Dieselgate" scandal to fierce competition from Chinese automakers, CNBC's Ben Boulos looks back at the challenges that have brought the German carmaker to this point.
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CNBC

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