Up to 100,000 jobs and four plants: Volkswagen reportedly plans radical overhaul

Volkswagen is reportedly gearing up for one of its most drastic changes ever, potentially slashing up to 100,000 jobs globally and shuttering four plants in Germany. This move signals a major restructuring aimed at cutting costs and adapting to changing market dynamics, likely in response to shifting consumer preferences and increased competition. Such a significant overhaul could reshape the landscape for both the company and its employees, underscoring the challenges faced by traditional auto manufacturers in a rapidly evolving industry.