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Volkswagen approves its major restructuring plan: it will cut 50,000 jobs and puts the future of four German plants in doubt

La compañía calcula que tiene un excedente de capacidad de producción de 500.000 coches anuales en Europa. El futuro de Seat como marca, en riesgo

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Volkswagen approves its major restructuring plan: it will cut 50,000 jobs and puts the future of four German plants in doubt

Volkswagen's Supervisory Board has approved a major adjustment plan to ensure the company's future competitiveness. The plan involves cutting 50,000 jobs by 2030 and potentially closing four German plants in Emden, Zwickau, Hannover, and Neckarsulm between 2031 and 2034. The company is evaluating alternative uses for these factories. The job cuts are half the number previously reported in the German press.

Written by urgent.news from El Pais's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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