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Volkswagen supervisory board approves restructuring plan
Business

Volkswagen supervisory board approves restructuring plan

Jornal de Negócios3 September 2026 at 20:41

The Volkswagen Supervisory Board approved a restructuring plan for the company. The decision was announced through an official statement by the German carmaker.

The plan includes cutting more than 50,000 jobs as part of the restructuring measures. This significant reduction in the workforce represents one of the largest reorganizations in the company's history.

Additionally, the plan provides for a 50% reduction in the car range by 2035. This measure aims to simplify the brand's vehicle offering and focus it on more profitable models.

The measures are part of a broader restructuring strategy at Volkswagen, which seeks to adapt the company to the challenges of the current automotive market, including the transition to electric vehicles and increasing competition in the sector.

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