Volkswagen is considering a dramatic expansion of its restructuring efforts, with internal documents suggesting the company may double its planned workforce reductions to 100,000 jobs.
The proposal also includes the closure of four production facilities in Germany, marking a significant escalation in the automaker’s efforts to overhaul its cost structure amid intensifying competition in the electric vehicle market.
The reports, first circulated by VRT NWS, cite confidential internal documents that outline the scope of the potential cuts.
While Volkswagen has not officially confirmed the figures, the scale of the proposed changes underscores the severity of the challenges facing the German auto giant as it navigates a difficult transition away from internal combustion engines.
This development represents a sharp escalation from earlier restructuring plans, which had already sparked concern among labor unions and investors.
The potential closure of four German plants adds a layer of geopolitical and industrial complexity, as the automotive sector remains a cornerstone of the German economy.