Volkswagen board approves 50,000 additional job cuts and major restructuring
https://www.thehindubusinessline.com/news/world/volkswagen-board-approves-50000-additional-job-cuts-and-major-restructuring/article71425939.ece
The restructuring gives CEO Oliver Blume stronger backing as Volkswagen confronts high costs, weak demand and intensifying competition from Chinese automakers
September 4, 2026 9
