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The Independent UK
The Independent UK
Business
Anna Wise

Volkswagen ‘to cut 100,000 jobs amid challenging market conditions’

German automotive giant Volkswagen is reportedly drawing up plans for a drastic overhaul that could see 100,000 jobs eliminated in the coming years – double its previously announced targets.

Senior executives are said to be considering this dramatic workforce reduction to achieve €11 billion (£9.5 billion) in cost savings by 2030, according to local media.

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