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Volkswagen is preparing large-scale layoffs and changes within the group

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According to media reports, Volkswagen is preparing a significant expansion of its cost-saving measures. Group CEO Oliver Blume is reportedly planning to cut up to 100,000 jobs worldwide over the coming years, which would be roughly double the target stated so far. hnonline.sk ↗

The planned changes are also said to include a deeper reorganization of Europe's largest automaker. According to reports, the main Volkswagen brand is to become more independent within the group. The company has also confirmed that it is working on a future plan for a new structure, though details are not yet available. novinky.cz ↗

The greatest concerns relate to the German plants. According to published information, four plants in Germany could be at risk. In addition to job cuts, the country could also face the closure of production sites. This represents further pressure on employees at a time when the automaker is grappling with costs, competition, and the need to adapt to changes in the market. Welt ↗

The works council has already signaled opposition to management's plans. Further developments will depend on negotiations between management, employee representatives, and other stakeholders. The planned changes could be among the biggest interventions in the operations of the Volkswagen Group in recent years. Die Zeit ↗

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