Volkswagen Plans 100,000 Job Cuts

People familiar with the matter confirmed that Volkswagen's top executives are discussing a massive cost-cutting plan involving factory closures and deep job reductions.

The carmaker faces intensifying competition from Chinese rivals, US tariff pressure, and weakening European demand.

The proposal, expected to be formally presented soon, could affect up to 100,000 positions.

It marks a dramatic shift for Europe's largest automaker.