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Workers stage a protest in front of the Volkswagen plant in Zwickau, Germany, Thursday, 9 July 2026.
Business

Video. Volkswagen lacks backing for overhaul plan with up to 100,000 job cuts

Updated:

Volkswagen's proposed restructuring plan failed to win backing from the labour bloc on the company's supervisory board on Thursday, leaving uncertainty over additional job cuts and factory closures. The carmaker nevertheless laid out plans to reduce production capacity and simplify its model range.

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