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The Economic Times
The Economic Times

Unions to protest as Volkswagen thrashes out job cut plans

Volkswagen IG Metall Oliver Blume United States Audi

German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts.

Europe's largest carmaker has come under intense pressure from US tariffs, slimmer profit margins from electric cars and above all intense competition in China, the world's largest auto market.

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