20 minutes: Volkswagen to cut 100,000 jobs worldwide
Business

20 minutes: Volkswagen to cut 100,000 jobs worldwide

SIC Notícias4 September 2026 at 20:54

Volkswagen announced plans to cut 100,000 jobs worldwide. This decision comes as part of a broader restructuring of the German car manufacturer, which faces significant challenges in the global market.

The measure mainly affects operations in Germany, where a large portion of the brand's jobs are concentrated. The cut represents a significant effort to reduce costs and increase the company's competitiveness in the face of growing competition in the automotive sector.

In Portugal, the Autoeuropa factory in Palmela should not be affected by these cuts, at least in an initial phase. The Portuguese unit is not included in the workforce reduction plans announced by management.

The decision comes at a time of transformation in the automotive sector, with the transition to electric vehicles and increasing pressures in international markets. Volkswagen is thus seeking to adapt its workforce structure to a new industrial and competitive landscape.

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