ReferIndia News Volkswagen Layoffs: Carmaker to cut 50,000 jobs in Germany as profit falls, EV business faces pressure

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Volkswagen Layoffs: Carmaker to cut 50,000 jobs in Germany as profit falls, EV business faces pressure

Published on: March 11, 2026, 7:27 a.m. | Source: Livemint

Volkswagen announced it will cut 50,000 jobs in Germany by 2030 due to declining profits, among other reasons. Here's what we know so far.

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