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2026July › 13

Volkswagen

17 days ago

Chief executive Oliver Blume outlined the plans in a memo to staff as he desperately bids to cut costs at Europe's largest car maker.

Oliver Blume tells staff restructuring proposal includes ‘controversial decisions’ but he has broad support

  • Business live – latest updates

The chief executive of Volkswagen has confirmed plans to cut 5…

The company had previously declined to comment on reports it was considering up to 100,000 job losses.

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