Volkswagen profits drop 10% as embattled automaker considers massive job cuts
- Posted on July 24, 2026
- By CNN
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- 1 min read
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Volkswagen profits drop 10% as embattled automaker considers massive job cuts
Volkswagen took a sizeable knock to its profits during the second quarter as it considers cutting tens of thousands of jobs – part of its attempt to better compete against its Chinese rivals.