Once Germany’s Dream Employer, Volkswagen Now Faces Layoffs, Closures and Worker Revo

Volkswagen CEO warns German workers of sweeping layoffs to come

The automaker, one of the nation’s biggest employers, could shed tens of thousands of jobs amid global market shifts driven by electrification, AI and autonomous driving.

Once Germany’s dream employer, Volkswagen now faces layoffs, closures and worker revo

Workers accuse management of hiding the scale of the crisis as automaker weighs deeper cuts, falling profits squeeze investment and Germany’s auto industry struggles with China, energy costs and weaker demand