US EditionVolkswagen to cut 50,000 jobs in Germany by 2030
Volkswagen aims to reduce costs by cutting 50,000 jobs in Germany by 2030 after a 44% profit decline in 2025 amid tariffs, China competition, and a costly Porsche strategy shift.
- On March 10, 2026, Volkswagen Group announced it will cut around 50,000 jobs in Germany by 2030 following a roughly 44% fall in post-tax profit for 2025.
- Amid tariffs and market shifts, management cited geopolitical tensions, new trade barriers, and China competition, as Volkswagen said operating profit more than halved to 8.9 billion euros in 2025.
- Employee representatives noted the 2024 union agreement with trade unions to avoid redundancies at Germany production sites until 2030, despite plans for 50,000 job cuts by 2030.
- Employee representatives are now demanding the workforce share in the group's strong cash flow after Volkswagen reported a 6 billion euros net cash flow in January.
- The group forecasts an operating margin of 4%–5.5% in 2026 and is doubling down on an 'in China for China' strategy to counter competition.
129 Articles
129 Articles
Some 50,000 jobs will have disappeared by the end of the decade within the group, Volkswagen announced at the presentation of its results on Tuesday, 10 March.
Dark clouds are gathering over German car giant Volkswagen. After last year's profit was the lowest in a decade, CEO Oliver Blume announced that 50,000 jobs would be cut over the next four years.
Volkswagen, the automotive giant, has announced it will cut up to 50,000 jobs in Germany within the next four years after its profits fell to their lowest point in 10 years.
Trump’s tariffs mean more cost-cutting at Volkswagen
U.S. President Donald Trump’s trade war is putting Volkswagen’s globalization strategy — and profits — at risk. The danger was highlighted Tuesday when the German carmaker released its 2025 results, showing a sharp 53.5 percent drop in operating profit to €8.9 billion. CEO Oliver Blume blamed the firm’s worst result in a decade on the Trump tariffs, stiff competition in China, and a strategy reversal at luxury subsidiary Porsche. VW spent decade…
DEXYPTAGE - The second largest car manufacturer in the world saw its operating result divided by a little more than two in 2025. It must continue its restructuring.
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