Volkswagen expects to lay off more than 50 thousand workersPhoto by Pexels on Pexels
Business

Volkswagen expects to lay off more than 50 thousand workers

TVI Notícias4 September 2026 at 20:13

Volkswagen expects to lay off more than 50 thousand workers, according to news reports about the German automotive giant.

The cuts mainly affect operations in Germany, where the company faces significant challenges in the European market.

In Portugal, the Autoeropa factory is, for now, protected from the restructuring plans announced by the German brand.

The measure is part of a broader strategy by Volkswagen to reduce costs and face the growing competition in the European automotive sector.

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