Volkswagen to cut 50,000 more jobs in largest restructuring in 89 years

The automaker said a further reduction of around 50,000 positions worldwide is needed, on top of a 50,000-job reduction already under way.

Volkswagen said a further fundamental adjustment of the global workforce capacity was needed, including a reduction of around 50,000 positions worldwide in addition to a 50,000-job reduction already under way.[^1] The move represents the largest restructuring in the company's 89-year history, according to a report from lanacion.com.ar.[^2]

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