Volkswagen Targets 4 German Plants And 7,700 Jobs In Next Round Of Closures

Germany’s WirtschaftsWoche has reportedly obtained a 147 page document that details the thinking of Volkswagen’s supervisory board. It allegedly outlines a “radical” and “painful” restructuring that is “unprecedented in economic history.”

 

While details are hidden behind a paywall, Reuters said the publication mentioned four plant closures in Germany. These are said to begin in 2031 and continue into 2034.