Volkswagen's current situation appears to be worse than originally reported, as a leaked memo indicates that the company isn't planning to lay off 100,000 employees, but rather over 150,000 employees, as well as cutting its lineup by 50%, with model-specific lineups reducing by another 75%.
The report, as detailed by our siblings at Motor1, shows that VW CEO Oliver Blume is considering closing four different German manufacturing plants, with a total of another 50,000 employees at risk. Those being the plants at Emden, Hanover, Zwickau, and Neckarsulm. All of which points toward further evidence that Volkswagen's other brands—that of Lamborghini, Porsche, Bentley, Audi, and Ducati—are further at risk of being sold.
