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Volkswagen to cut 50,000 jobs in Germany by 2030
Volkswagen plans to cut 50,000 jobs in Germany by 2030 after profits fell 44% in 2025 amid tariffs, competition in China, and costly restructuring, CEO Oliver Blume said.
- On March 10, 2026, Volkswagen Group announced it will cut around 50,000 jobs in Germany by 2030 following a roughly 44% fall in post-tax profit for 2025.
- Amid tariffs and market shifts, management cited geopolitical tensions, new trade barriers, and China competition, as Volkswagen said operating profit more than halved to 8.9 billion euros in 2025.
- Employee representatives noted the 2024 union agreement with trade unions to avoid redundancies at Germany production sites until 2030, despite plans for 50,000 job cuts by 2030.
- Employee representatives are now demanding the workforce share in the group's strong cash flow after Volkswagen reported a 6 billion euros net cash flow in January.
- The group forecasts an operating margin of 4%–5.5% in 2026 and is doubling down on an 'in China for China' strategy to counter competition.
120 Articles
120 Articles
Trump’s tariffs mean more cost-cutting at Volkswagen
U.S. President Donald Trump’s trade war is putting Volkswagen’s globalization strategy — and profits — at risk. The danger was highlighted Tuesday when the German carmaker released its 2025 results, showing a sharp 53.5 percent drop in operating profit to €8.9 billion. CEO Oliver Blume blamed the firm’s worst result in a decade on the Trump tariffs, stiff competition in China, and a strategy reversal at luxury subsidiary Porsche. VW spent decade…
DEXYPTAGE - The second largest car manufacturer in the world saw its operating result divided by a little more than two in 2025. It must continue its restructuring.
Wolfsburg, Germany. Volkswagen, Europe's largest vehicle manufacturer, announced Tuesday a cut of 50,000 jobs in Germany, by 2030, to reduce costs in the face of fierce competition from China, stagnating demand in Europe and US tariffs. "A total of 50,000 jobs will be cut by 2030 across the Volkswagen group in Germany," said the company's executive head, Oliver Blume, in a letter to shareholders on the occasion of the presentation of its annual …
kreiszeitung.de
After a break in profits, the Volkswagen Group adheres to its savings plan and wants to delete jobs in Germany.
Especially the problems of Porsche and the American tariffs burden the result of the largest European car manufacturer. For a better future, the head of the company Oliver Blume relies on new models – and an intensified austerity course.
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