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Volkswagen could axe thousands of additional staff under radical plans to make the company's workforce smaller and amend production patterns.
 
CEO Oliver Blume is expected to speak with workers today regarding the company's restructuring plans, which could lead to 100,000 job losses.
 
Mr Blume and Volkswagen brand chief Thomas Schäfer are expected to speak at the company's Wolfsburg factory as part of town hall gatherings over the coming days.
 
Bloomberg reported that Volkswagen is aiming to cut up to 100,000 jobs and boost VW's prospects, especially when compared with Chinese competitors, which have surged in recent years.


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Volkswagen's CEO's Plan To Cut 100,000 Jobs Angers Workers

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