← Back to headlines
Volkswagen Plans Global Job Cuts of Up to 100,000 Amid Profit Decline
Volkswagen has announced it is assessing and planning significant workforce reductions, with reports indicating potential cuts of up to 100,000 jobs globally, as the group faces a steep fall in profits and intense competition.
13 Jul, 11:34 — 13 Jul, 16:19
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
BBC
Center
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 2 regions9/34
UK1US1
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
BBCHigh26d ago
Volkswagen planning to cut up to 100,000 jobs globally
The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.
Read full article →seeking-alphaMixed27d ago
Volkswagen says it is assessing further workforce reductions
Read full article →Coverage Timeline
First report: seeking-alpha · 13 Jul, 11:34|Full coverage: 2 · 5h|Window: 5h
Left-leaningCenterRight-leaning
