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Volkswagen Plans Up to 100,000 Job Cuts

Volkswagen is preparing a sweeping restructuring that could eliminate up to 100,000 jobs worldwide over the next several years and eventually end production at four German plants, according to a report by Manager Magazin.

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The report said Volkswagen Chief Executive Oliver Blume plans to significantly reduce the group's workforce while cutting investment by around 15% over the next five years. Capital spending would fall to just over €130 billion (US$148 billion), reflecting the company's drive to lower costs as it faces mounting competitive pressures.

A Volkswagen spokesperson declined to comment on what the company described as confidential documents.

"The relevant facts of the matter will be discussed and approved by the relevant bodies. We will not pre-empt this process," the spokesperson said in an emailed statement.

The spokesperson added that the entire Volkswagen Group, including its brands and subsidiaries, must undergo "far-reaching change."

Major Restructuring Plans

According to Manager Magazin, Blume and Chief Financial Officer Arno Antlitz are planning a fundamental overhaul of the company.

The magazine, citing sources, reported that Volkswagen's core VW brand and its parts-manufacturing operations would be separated from the current group structure and reorganised into standalone entities.

The restructuring would also involve a gradual shutdown of production at four German factories. The report said vehicle manufacturing would end at Volkswagen's plants in Hanover, Zwickau and Emden, as well as Audi's facility in Neckarsulm, once the models currently built there reach the end of their production cycles.

Cost-Cutting Drive Intensifies

Blume has previously pledged to deepen Volkswagen's cost-cutting efforts beyond the 50,000 job reductions already under way.

Although Volkswagen reached an agreement with labour unions in 2024 that ruled out plant closures in Germany during the current decade, under-utilised factories have remained under scrutiny as the company seeks to improve efficiency.

Industry Under Pressure

Volkswagen, along with other European automakers, is grappling with a combination of challenges, including tariffs, growing competition from Chinese manufacturers and the costly transition to electric vehicles.

The reported restructuring plans underscore the scale of the changes facing Europe's largest carmaker as it attempts to strengthen its competitiveness in a rapidly evolving global automotive market.

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Adapted by ASEAN Now. Source 26 June 2026

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Screaming Gold Member

Screaming

Advanced Member
On 6/26/2026 at 8:20 PM, JonnyF said:

I find this very hard to believe.

With all the brilliant engineers and designers flooding over borders into EU countries every day prepared to share their subsaharan expertise for the greater good on minimal wages, how could these bigoted homogenous Asian countries possibly compete with our diversity?

Its our greatest strength yet they outperform us without it.

Its a real mystery.

So true JonnyF, "diversity is our strength" just look at China where these subsaharan migrants are not invading and you see their auto industry is a severe decline............NOT. Much of VW's problem is its liberal, socialist labor unions that suck up much of VW's profit which the Chinese do not have to contend with.

SiSePuede419 Platinum Member

SiSePuede419

Advanced Member
38 minutes ago, impulse said:

You did notice that the factories they're planning to shut down are the ones in Germany, right? Where energy costs have skyrocketed... They may be struggling in China, but I don't see where they're planning to shut down any factories there.

So you couldn't name a single thing Trump was "right" about.

SiSePuede419 Platinum Member

SiSePuede419

Advanced Member
5 minutes ago, Screaming said:

So true JonnyF, "diversity is our strength" just look at China where these subsaharan migrants are not invading and you see their auto industry is a severe decline............NOT. Much of VW's problem is its liberal, socialist labor unions that suck up much of VW's profit which the Chinese do not have to contend with.

False.

No one in Germany ever claimed "diversity is our strength", you're thinking of Justin Trudeau, Canadian.

Strawman argument.

Remember this is a country "famous" for thinking people who live there for decades or longer aren't "German" enough to stay out of concentration camps.

In fact, Angela Merkel said multiculturalism had “failed” in some respects (2010)

Someone is lying to you and it ain't me 😁

impulse Star Member

impulse

Advanced Member

So you couldn't name a single thing Trump was "right" about.

I get a kick out of you guys with the syndrome. You'd tie yourselves into pretzels before you'd admit that Trump was right. Germans and their green policies tied their energy future to Russkie energy. And the result has been a de-industrialization of a lot of Germany due to high energy prices. And it's not just VW.

Did you also notice that the EU (Germany included) are finally paying lip service to curbing rampant illegal immigration? It remains to be seen whether they're actually going to do it, or they're just quelling the dissent and the rise of AfD. But you can thank Trump, Vance and Rubio if Europe hasn't gone full Muslim in a few years.

SiSePuede419 Platinum Member

SiSePuede419

Advanced Member
27 minutes ago, impulse said:

Looks like someone is already bowing down and worshipping a Demagogue.

Guess you're just ahead of everyone else.

To hear you tell it we'll all be forced to do that soon at gunpoint with his Dunkin donut Brownshirt Squad?

Definitely not a white supremacist cult.

sarcasm-2015186.jpg

candide Star Member

candide

Advanced Member
53 minutes ago, impulse said:

I get a kick out of you guys with the syndrome. You'd tie yourselves into pretzels before you'd admit that Trump was right. Germans and their green policies tied their energy future to Russkie energy. And the result has been a de-industrialization of a lot of Germany due to high energy prices. And it's not just VW.

Did you also notice that the EU (Germany included) are finally paying lip service to curbing rampant illegal immigration? It remains to be seen whether they're actually going to do it, or they're just quelling the dissent and the rise of AfD. But you can thank Trump, Vance and Rubio if Europe hasn't gone full Muslim in a few years.

The big mistake was to shut down their nuclear plants. And Trump did not warn them before they did. He just criticized them after it was already made.

He did warn them about being dependent on Russia (as did Obama and Biden, BTW). That was a strategic mistake from Germany. Had them listened to him, they would have bought more expensive energy from other suppliers, such as the US. That certainly would not have prevented Germany from paying higher energy cost.

As to renewable energy, it already represent 55% of electricity production, making Germany a bit more independent.

impulse Star Member

impulse

Advanced Member

Do try and keep up with what's going on before spouting your silo's ”facts”.

Easy there, genius.


I'm typing this from an industrial city in Northern China. Little town of 15 million (+/-), home to several foreign JV auto factories. I'd bet all the money in my wallet that I know more than you about the China auto market.

And I could take your AI generated word salad sentence by sentence (and company by company) and show you that it doesn't mean what you think it means, and it doesn't support your case. It's what we call AI slop.

But I make it a point not to comment negatively on my host country, or even risk the possibility that something neutral could be interpreted as negative. That would be stoopid. And my Mama raised fat kids. Not stoopid ones.

impulse Star Member

impulse

Advanced Member

As to renewable energy, it already represent 55% of electricity production, making Germany a bit more independent.

That 'splains why energy is so expensive there.

candide Star Member

candide

Advanced Member
11 minutes ago, impulse said:

That 'splains why energy is so expensive there.

You are making that up. 😃

impulse Star Member

impulse

Advanced Member

You are making that up. 😃

I even linked to it above. Quoting Merz:

He added: "We're now making the most expensive energy transition in the entire world. I don't know of a second country that makes it as difficult and as expensive for itself as Germany does. We set ourselves a goal that we now have to correct, but we simply don't have enough energy generation capacity.”

ronnie50 Platinum Member

ronnie50

Advanced Member

I think there's no question that the West (America and Europe) were asleep at the switch when it comes to EVs and China - and just about everything else that Chinas has been up to, and excelerating at, in the last 15+ years.

candide Star Member

candide

Advanced Member
3 minutes ago, impulse said:

I even linked to it above. Quoting Merz:

He added: "We're now making the most expensive energy transition in the entire world. I don't know of a second country that makes it as difficult and as expensive for itself as Germany does. We set ourselves a goal that we now have to correct, but we simply don't have enough energy generation capacity.”

4 minutes ago, impulse said:

I even linked to it above. Quoting Merz:

He added: "We're now making the most expensive energy transition in the entire world. I don't know of a second country that makes it as difficult and as expensive for itself as Germany does. We set ourselves a goal that we now have to correct, but we simply don't have enough energy generation capacity.”

4 minutes ago, impulse said:

I even linked to it above. Quoting Merz:

He added: "We're now making the most expensive energy transition in the entire world. I don't know of a second country that makes it as difficult and as expensive for itself as Germany does. We set ourselves a goal that we now have to correct, but we simply don't have enough energy generation capacity.”

Lol! This is not cost data about renewable vs fossil to produce electricity in Germany.

If you make a claim, you need to prove it.

SingAPorn Gold Member

SingAPorn

Advanced Member

Volks wagen has only the Volks in it's name as much of it's general public cars are make in east europe. They also have awful customer service when there is a big issue that is never admitted. No wonder the chinese take over all over. They just do not argue. You have an issue, they tackle it or refund and it's case closed. Europe anyhow is doomed thanks to the disastrous governance at the European Union. No matter what the wokes may say, the UK was very smart in leaving the wrecking european union that is going to the dogs, with excessive and uncontroled immigration, crime and squandering of public funds to Ukraine.

gargamon Ruby Member

gargamon

Advanced Member
6 hours ago, impulse said:

I'm typing this from an industrial city in Northern China. Little town of 15 million (+/-), home to several foreign JV auto factories. I'd bet all the money in my wallet that I know more than you about the China auto market.

I'm sure the news silo you get your data from the is likely worse than the one you use in North America. All news in China is brainwashing, just like fox or newsmax...

SiSePuede419 Platinum Member

SiSePuede419

Advanced Member
18 hours ago, candide said:

The big mistake was to shut down their nuclear plants. And Trump did not warn them before they did. He just criticized them after it was already made.

He did warn them about being dependent on Russia (as did Obama and Biden, BTW). That was a strategic mistake from Germany. Had them listened to him, they would have bought more expensive energy from other suppliers, such as the US. That certainly would not have prevented Germany from paying higher energy cost.

As to renewable energy, it already represent 55% of electricity production, making Germany a bit more independent.

Germany has high household electricity prices

But that’s not because renewables are expensive

Prices include:

Grid expansion (to connect wind/solar)

Taxes & policy costs (historically renewable subsidies)

Market structure and energy crisis effects

👉 So:

Renewables = cheaper to generate than new fossil fuel power plants

EASY TO REMEMBER...

"RENEWABLES ARE CHEAPER" 🤣

Priorexpat Silver Member

Priorexpat

Advanced Member

The electric old school VW vans are all over where I am in California. Magic bus! Electric bus! Hugely popular, so yes, have a hard time believing this.

Looking to get one camper style for myself.

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