Volkswagen is bracing for a far-reaching upheaval. According to Manager Magazin, citing insider sources, chief executive Oliver Blume is planning to cut up to 100,000 of the group's roughly 657,000 jobs worldwide.
That would double the previous target for job cuts. Only a few months ago, VW announced plans to axe around 50,000 positions by 2030 – a move already regarded at the time as historically significant.
