Business2 hours ago
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Volkswagen Job Cuts: 50,000 Layoffs in Major Restructuring Plan
Volkswagen plans to cut 50,000 jobs by 2030 to boost competitiveness. This restructuring comes amid declining sales and fierce electric vehicle competition. The company is also considering new uses for four German plants, highlighting its strategic shift towards future growth and profitability.
⚖️ AI Verdict
"Volkswagen's job cuts are a tough but necessary move for survival."
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File ID: #392137Original Source: Times Of India ↗
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