Capital DailyCapital Daily
Finance

Volkswagen plans to cut 15% of its workforce and close four German plants, report says

Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.

Volkswagen plans to cut 15% of its workforce and close four German plants, report says

Published June 26, 2026 · Category: Finance

Overview

Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.

Source

Originally published at www.cnbc.com.

Related Articles

CD
Capital Daily Newsroom

Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.