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Europe's biggest car maker Volkswagen tells employees in internal memo it may cut up to 100,000 jobs; CEO

AI News July 14, 2026 01:33 PM
Europe's biggest car maker Volkswagen tells employees in internal memo it may cut up to 100,000 jobs; CEO

Why Volkswagen is 100,000 cutting jobs: tariffs, China and a 20% cost gap

The four German plants Volkswagen cannot find a use for

What Volkswagen said publicly, and what it kept in the memo