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invezz.com > sg > news > 03/10/2026 > volkswagen-to-slash-50000-jobs-as-profits-plunge-and-tariffs-bite

Volkswagen to slash 50,000 jobs as profits plunge and tariffs bite

1+ day, 1+ hour ago  (525+ words) Volkswagen will cut 50,000 jobs in Germany by 2030, following a sharp decline in profits and mounting pressure from US tariffs, weaker demand in China and North America, and higher costs associated with electrification. Europe's largest automaker said the reductions will span…...