Volkswagen plans massive job cuts and potential plant closures
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Volkswagen (CEO Oliver Blume)
Germany
June 26, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 16/26/2026, 11:10:40 AM
Volkswagen may cut up to 100,000 jobs globally over the next few years. Four plants, including Hannover, Zwickau, Emden, and Audi's Neckarsulm, are at risk of closure. The company plans to restructure by spinning off the core VW brand and components division.
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