Volkswagen Plans 100,000-Job Cut, May Halt Production at Four German Plants

Volkswagen AG announced plans to cut an additional 50,000 jobs worldwide, bringing its total workforce reduction to roughly 100,000. The German automaker also said it could stop building cars at four of its German plants as part of a broader restructuring. The decision comes amid a shift toward electric vehicle (EV) production and a tightening global supply chain. While the company has not yet named the specific plants, the potential shutdowns would affect production lines that currently assemble both internal‑combustion and electric models. The move reflects VW’s effort to streamline operations and reduce costs as it navigates a competitive EV market. Stakeholders in the German automotive sector will watch closely to see how the changes reshape manufacturing footprints and supply‑chain relationships.