BBC News | Volkswagen planning to cut up to 100,000 jobs globally AI generated summary, Read the full article for complete information. Volkswagen’s chief executive Oliver Blume announced that the group is now considering cutting up to 100,000 jobs worldwide—double the 50,000 cuts previously slated for Germany by 2030—as part of a drive to lower costs that are about 20 % higher than rivals and to streamline operations across all its brands. The proposal comes after a steep profit decline from €22.6 billion in 2023 to €8.9 billion last year, driven by falling sales in key markets such as China (down 26 %) and the United States (down over 7 % amid tariff impacts) and mounting competition from Chinese automakers. While the company has yet to decide the fate of four German factories, including two electric‑car sites, it has already agreed with IG Metall to cut 35,000 jobs at the VW brand and 15,000 elsewhere by 2030, and recent protests have intensified as the broader job‑reduction plan is debated. Some analysts suspect the 100,000 figure may be a bargaining tactic, implying the final number could be lower. Read more: https://www.bbc.co.uk/news/articles/cx2wzpwn51lo?at_medium=RSS&at_campaign=rss #Volkswagen #VolksGroup #OliverBlume #IGMetall