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Volkswagen to cut more than 35,000 jobs in Germany by 2030

By Thomson Reuters Dec 20, 2024 | 12:16 PM

FRANKFURT (Reuters) – Volkswagen on Friday said it had agreed with unions to cut more than 35,000 jobs at its German sites by 2030 in a socially responsible manner, which would help achieve more than 15 billion euros ($15.65 billion) in efficiency gains.

($1 = 0.9588 euros)

(Reporting by Christoph Steitz, Andrey Sychev, editing by Kirsti Knolle)