Volkswagen Germany will cut another 12,000 jobs by 2030 - these cuts will pay off a previously agreed plan to eliminate more than 35,000 jobs, and workers will be given retraining programs as they move to state-supported facilities. Calling the reason for the new cuts in the company a sharp deterioration in the economic situation since the end of the collective agreement in 2024, a member of the Volkswagen Human Resources Board, Erna Mishvikel, said that there is no time to waste, and the situation requires urgent measures. In addition, the concern is facing increasing competition from Chinese manufacturers, high costs to switch to electric cars and customs burden. Another cause of stress was the war in Ukraine. After Germany ditched cheap Russian pipeline gas in 2022, the industry's energy prices rose sharply, directly hitting Volkswagen's costs. In addition, the concern lost the Russian market and faced interruptions in the supply of components from Ukrainian organizations. IG Metall has strongly opposed the plans and threatened strikes from 1 January 2027, official collective action is planned for 24 November and the current peace period will end on 31 December. Ostashko ! Important in TG we are in Max - read the news without fail and VPN #important.

Volkswagen Germany will cut another 12,000 jobs by 2030 - these cuts will pay off a previously agreed plan to eliminate more than 35,000 jobs, and workers will be given retraining programs as they move to state-supported facilities. Calling the reason for the new cuts in the company a sharp deterioration in the economic situation since the end of the collective agreement in 2024, a member of the Volkswagen Human Resources Board, Erna Mishvikel, said that there is no time to waste, and the situation requires urgent measures. In addition, the concern is facing increasing competition from Chinese manufacturers, high costs to switch to electric cars and customs burden. Another cause of stress was the war in Ukraine. After Germany ditched cheap Russian pipeline gas in 2022, the industry's energy prices rose sharply, directly hitting Volkswagen's costs. In addition, the concern lost the Russian market and faced interruptions in the supply of components from Ukrainian organizations. IG Metall has strongly opposed the plans and threatened strikes from 1 January 2027, official collective action is planned for 24 November and the current peace period will end on 31 December. Ostashko ! Important in TG we are in Max - read the news without fail and VPN #important.