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Volkswagen supervisory board approves future plan involving roughly 50,000 further job cuts

Germany
First seen: Sep 6, 2026, 1:46 AM UTCUpdated: Sep 6, 2026, 3:01 AM UTC

Volkswagen's share price reportedly jumped after its supervisory board approved a corporate future plan that includes around 50,000 additional job cuts. The report does not establish broader market disruption.

The scale of planned layoffs could materially affect workers, suppliers and economic activity linked to Volkswagen.

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