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Volkswagen plans to cut 50,000 German jobs by 2030, adopting China’s industrial strategy to cut costs and boost EV competitiveness.
Volkswagen CEO Oliver Blume says German automakers should adopt China’s disciplined, strategic industrial approach amid intense competition and rising costs.
He reiterated plans to cut 50,000 jobs in Germany by 2030 to address high labor and energy expenses, regulatory pressures, and declining export competitiveness.
The restructuring aims to shift from centralized production to localized manufacturing, improve cost control, and boost competitiveness in the global electric vehicle market.
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Volkswagen planea recortar 50,000 empleos alemanes para 2030, adoptando la estrategia industrial de China para reducir costos e impulsar la competitividad de los vehículos eléctricos.