Volkswagen layoffs: Why is German carmaker planning to cut 50,000 jobs?
- Posted on March 11, 2026
- By Financial Express
- 5 Views
Volkswagen layoffs: Why is German carmaker planning to cut 50,000 jobs?
Volkswagen is cutting 50,000 jobs in Germany after profits fell to a 10-year low. Premium brands Audi and Porsche, plus software unit Cariad, will be affected.
