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The Economic Times
The Economic Times
Business

Volkswagen to fire 12% of its India workforce amid major cost overhaul

Volkswagen Group’s India unit is accelerating a three-year restructuring plan that will eliminate about 12% of its workforce, people familiar with the matter said, as the German automaker looks to lower costs before its next investment cycle in the country.

Skoda Auto Volkswagen India Pvt. began the overhaul in 2025 but has moved to tighten the timetable, with reductions now being carried out in quicker tranches through 2027, the people said, asking not to be identified discussing internal matters. A few hundred white-collar and shop-floor jobs are expected to disappear over the course of the program, they said.

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