Storyline
Volkswagen announced a critical financial situation, leading to plans to reduce its model range and close four plants in Germany. This decision could threaten tens of thousands of jobs, as production in Emden, Zwickau, Hanover, and Neckarsulm is set to cease by 2034. Additionally, the company plans to cut another 50,000 workers by the end of the decade.
From the beginning to today
Volkswagen has reported a critical financial situation, prompting a review of its economic policy. The management plans to reduce its model lineup by nearly half and simplify configurations.
Volkswagen закриває чотири заводи в Німеччині.
Volkswagen Group is considering phasing out the SEAT brand by the end of 2029 as part of a cost-cutting program. The company also plans to cut 50,000 jobs, adding to an already planned 50,000 layoffs, totaling 100,000. This is part of a major restructuring that includes reducing half of its model lineup.
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