About 20 thousand employees of the main brand Volkswagen adopted an offer to early termination of employment contracts. This decision has become part of a large -scale abbreviation program, which will affect tens of thousands of people until 2030. The concern was under pressure against the backdrop of a fall in profit and predicts weak financial results according to the results of 2025.
Against the background of previously declared large -scale measures to reduce costs, about 20 thousand employees of the main brand Volkswagen agreed to leave the company by agreement of the parties. This was reported by the German newspaper Bild, citing a meeting of the production council, held at the headquarters of the concern in Wolfsburg. These agreements are concluded as part of a voluntary care program, which is part of the company’s restructuring strategy.
Mercedes-Benz will fire every seventh employee in China Porsche top managers will be fired due to the collapse of Nissan electric cars will fire two thousand workers in the United States
By 2030, the German automaker intends to reduce 35 thousand people in Germany. This step was a response to the deterioration of financial indicators: according to the results of the first quarter of 2025, Volkswagen’s profit decreased by 40 percent. The company recognized that the results of only 2025 will most likely be closer to the lower border of the current forecast, which requires operational measures to optimize expenses.
Earlier, a major staff reduction was reported by Volvo. About 15 percent of administrative employees will fall under dismissal, mainly in Sweden. The reason was the drop in demand for electric cars, the increase in costs and the uncertainty around duties in the United States. In addition, in April, the manufacturer temporarily froze investment projects and announced a plan for saving in the amount of almost two billion dollars.
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