Cuts announcedThursday 29th October 2026Reported by 2 major outlets
Volkswagen to cut 100,000 jobs
VolkswagenCuttingAutomotive & aerospaceEurope
Volkswagen board agreed in September to restructuring plan involving 100,000 job cuts across the group and closure of up to four plants in Germany, with implementation required urgently.
“Our financial performance leaves no room for delay.”
The sources, oldest first
- 29th Oct
Reuters Major outletRe-read, held
Volkswagen board agreed in September to restructuring plan involving 100,000 job cuts across the group and closure of up to four plants in Germany, with implementation required urgently.
- 29th Oct
FAZ Major outlet
Volkswagen announced it will cut over 50,000 jobs worldwide. The group reported a billion-euro loss in Q3 2026, attributed mainly to special effects. VW opened its first vehicle disassembly line in Zwickau, expected to secure up to 1,000 jobs long-term from 2030.
- 29th Oct
Merkur Trade pressRe-read, held
Volkswagen announced plans to cut 120,000 jobs group-wide by 2030 to reduce costs, with restructuring expected to cost 31 billion euros total.
Volkswagen now
Cutting Confirmed: 2 major news outlets report job cuts
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The same month, nearby
Other announcements in October 2026 in the same sector or the same place.
- 30th Oct153jobs cut
- 9th Oct51jobs cut
- 29th Oct31jobs cut
- 29th Oct14jobs cut
- 29th Oct20,000places offered
- 27th Oct250jobs, not yet confirmed
Permanent id volkswagen-2026-10-29-5c4a7c. Machine-readable: this announcement is in /v1/events.json (seven days behind) and Volkswagen’s JSON.