Volkswagen approved a restructuring plan that includes cutting 100,000 jobs worldwide and closing four factories. This measure comes as a response to a severe crisis affecting the automobile industry, with sales and profits in constant decline.
The German group has been one of the most affected by adverse conditions in the sector, facing significant difficulties to maintain its competitiveness in the global market. The decision to reduce the workforce and close production units reflects the magnitude of the challenges the company faces.
In Portugal, Autoeuropa, located in Palmela, should escape this wave of layoffs. According to the article, no cuts are planned for the Portuguese factory, which represents relief for workers and for the national economy.
