Mass layoffs, factories closing, production cuts: what's happening with the Volkswagen group?
Business

Mass layoffs, factories closing, production cuts: what's happening with the Volkswagen group?

Expresso1 September 2026 at 07:00

The Volkswagen group faces a deep crisis, with management led by Oliver Blume, former Porsche president, admitting to laying off about 100,000 workers. This decision could involve the closure of four factories in Germany, something never seen in the company's history.

The measure comes in a context of mass layoffs, factories closing, and production cuts, which represents an unprecedented restructuring for the German automotive giant.

The plan to reduce staff and close factories marks a break with decades of Volkswagen's industrial tradition in Germany, where the brand has always been considered a stable and safe employer.

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