Volkswagen announced plans to cut 50,000 jobs across Germany by 2030, as post-tax profits fell by 44% in 2025, marking their lowest level since 2016. CEO Oliver Blume said the reductions will impact the entire group, including Audi and Porsche, and follow earlier agreements with unions to cut over 35,000 jobs in a socially responsible […]
Germany’s automotive sector is facing a serious downturn, with investments and jobs increasingly relocating overseas, according to the German Association of the Automotive Industry (VDA). Survey results show that 72% of small- and medium-sized companies in the auto supply chain plan to reduce investments in Germany, either by moving them abroad, postponing, or canceling

