The HRTech Wire

Volkswagen agrees to cut 100,000 jobs in restructuring plan

Volkswagen has finalized a restructuring plan — dubbed Future Plan 2030 — that will result in a total of 100,000 job cuts, representing roughly 15% of its global workforce, with four German plants facing potential closure by the end of the decade. The move is driven by competitive pressures from Chinese automakers and U.S. tariff costs, with no HR-technology platform or tool central to the story.