At its Wolfsburg headquarters, Volkswagen's supervisory board has approved a sweeping restructuring that will eliminate 50,000 jobs and halve its vehicle lineup by 2035 — a reckoning that reflects the broader industrial world's struggle to reconcile legacy scale with the demands of electrification and intensifying global competition. The plan, known as the Future Plan, is less a resolution than a negotiated truce between management's urgency and labour's determination to protect workers and communities built around the factory floor. Europe's largest carmaker has secured a mandate for transfor
VW to cut 50,000 jobs in sweeping overhaul as carmaker battles survival
50,000 job cuts announced, though compulsory layoffs ruled out through 2030 under existing labour agreements; four European plants face uncertain futures.