Business
Why Germany's Volkswagen could cut 100,000 jobs
Europe's biggest automaker, Volkswagen, faces Chinese competition, high costs and US tariffs. What could its restructuring mean for the German car industry?
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Europe's biggest automaker, Volkswagen, faces Chinese competition, high costs and US tariffs. What could its restructuring mean for the German car industry?
The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW's headcount get so bloated, and will the cuts be enough to survive the Chinese EV onslaught?