Volkswagen Plans to Cut Up to 100,000 Jobs Amid Weak Demand and China Rivalry

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Volkswagen is planning a major restructuring that could eliminate between 50,000 and 100,000 jobs. The move comes as the German automaker faces declining consumer demand and intensifying competition from Chinese manufacturers. If fully carried out, the cuts would represent one of the largest workforce reductions in automotive industry history. The scale of the restructuring underscores the mounting pressure on legacy carmakers to adapt to a rapidly shifting global market.

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