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VW Is Cutting Thousands of Jobs But Still Dwarfs Global Rivals

Job cuts are coming thick and fast from Volkswagen AG. Just since December, it’s announced plans to reduce its German workforce by 35,000 over five years, to cull 1,900 positions at Porsche and 7,500 at Audi, and to shrink its software business by roughly a third.



Volkswagen is cutting thousands of jobs due to flagging European sales and the need to compete with Tesla, but it will still employ significantly more people than rivals like Toyota, even after the cuts, due to in-house component manufacturing and EV battery production plans.

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