Volkswagen supervisory board approves 100,000 job cuts and four German plant closures by 2030

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13 days · 6 summary articles
Volkswagen’s supervisory board on Thursday unanimously approved a sweeping restructuring plan to cut 100,000 jobs globally by 2030, including an additional 50,000 reductions beyond the 50,000 already announced, according to the company .
The plan also includes evaluating alternative uses for four German plants—Emden, Zwickau, Hanover, and Neckarsulm—where production capacity exceeds demand, the automaker stated . CEO Oliver Blume said the measures were necessary to adapt workforce capacity to economic reality amid falling sales and competition from Chinese automakers .
The board’s decision followed weeks of negotiations after an earlier version of the proposal was blocked in July by labor unions and Lower Saxony, which holds a 20% stake in Volkswagen Group . IG Metall chairwoman Christiane Benner and Volkswagen works council head Daniela Cavallo criticized the management’s communication but called the approval a de-escalation, emphasizing the need for socially responsible workforce reductions .
Volkswagen’s Spanish plants in Pamplona and Martorell were spared from the cuts, with Thomas Schäfer, head of the Volkswagen brand and volume brands, stating they remain highly productive and profitable . The facilities will focus on producing small electric vehicles, including the Cupra Raval, Volkswagen ID. Polo, Skoda Epiq, and the upcoming Volkswagen ID. Cross .
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