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Volkswagen Supervisory Board approves plan that foresees laying off 50,000 workersPhoto by Fagner Silva on Pexels
Business

Volkswagen Supervisory Board approves plan that foresees laying off 50,000 workers

Now4 September 2026 at 00:31

The Supervisory Board of Volkswagen approved a plan that foresees the layoff of 50,000 workers. The decision was announced after a meeting of the board's executive committee.

The announcement was made before the plenary meeting of the group's supervisory body, which is based in Wolfsburg. The plenary meeting was scheduled for Friday.

The approved plan represents a significant restructuring measure for the German company, which could affect a substantial portion of its employees worldwide.

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