Volkswagen will cut another 50,000 jobs by 2030 under a major restructuring plan approved by its supervisory board. The move will take the total number of planned job reductions across the group to 100,000 by the end of the decade.
The German carmaker approved the latest workforce reduction on September 3. Volkswagen announced plans in March to eliminate 50,000 positions by 2030.
The new cuts will include management roles. The company said it needs to adjust its global workforce to changing customer demand and rapid technological shifts. The restructuring is aimed at improving competitiveness and lowering costs.
Volkswagen is also planning to streamline its vehicle range. The company wants to concentrate on selected models and raise production volumes for each model. It expects the approach to help reduce costs across its operations.
The group is facing weaker sales and lower profits in key markets. Competition from Chinese electric vehicle makers also increased pressure on Volkswagen. US import tariffs and excess production capacity have added to the challenges facing the carmaker.
Volkswagen is reviewing the future of four German plants in Emden, Zwickau, Hanover and Neckarsulm. The company said current production capacity at the sites is higher than demand. It is assessing alternative uses for the plants.
The restructuring marks the biggest overhaul in Volkswagen's 89-year history. The group employed more than 660,000 people worldwide in 2025.
Chief executive Oliver Blume called the decision a strong signal for the company's future. He said Volkswagen was taking responsibility for its workforce and industrial jobs worldwide.
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