Volkswagen Unveils 'Future Plan 2030' with Deep Job Cuts, Factory and Product Overhaul
Volkswagen AG's supervisory board approved 'Future Plan 2030,' a broad restructuring package designed to address falling demand and intensified competition. The plan includes 50,000 additional job cuts, potential production reallocation for several European plants, a halving of model range by 2035, ambitious financial targets including a 9% operati…