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VW CEO Says Half of Global Job Cuts Must Come From Germany

Bloomberg Markets Tuesday 25 August 2026, 10:20 UTC 1 min read
Key Points

Aug 25th, 2026 VW CEO Says Half of Global Job Cuts Must Come From Germany Volkswagen Chief Executive Officer Oliver Blume told workers at the main Wolfsburg factory on Tuesday that roughly half of the carmaker’s additional workforce reductions will need to happen in Germany. William Wilkes reports on Bloomberg Television.

Aug 25th, 2026 VW CEO Says Half of Global Job Cuts Must Come From Germany Volkswagen Chief Executive Officer Oliver Blume told workers at the main Wolfsburg factory on Tuesday that roughly half of the carmaker’s additional workforce reductions will need to happen in Germany. William Wilkes reports on Bloomberg Television.
VW (ORG) Germany (LOCATION) Germany Volkswagen (ORG) Oliver Blume (PERSON) Wolfsburg (ORG) William Wilkes (PERSON) Bloomberg Television (ORG)
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