Volkswagen faces crunch talks over 100,000 job cuts and factory closures

Volkswagen is gearing up for a major restructuring that could involve slashing up to 100,000 jobs and closing several factories. The meeting comes amid growing pressure to adapt to the shifting dynamics of the auto industry, which is increasingly leaning toward electric vehicles and away from traditional combustion engines. Unions are strongly opposed to the potential mass layoffs, planning to protest the cuts. This move could reshape not only Volkswagen but the entire global auto industry, signaling a major shift in how companies plan for future growth and sustainability.