VW supervisory board approves cutting 50,000 more jobs by 2030

On the evening of Thursday 3 September 2026 VW's supervisory board unanimously approved management's 'Zukunftsplan 2030': on top of the 50,000 job cuts already agreed in 2024, around 50,000 further positions are to go worldwide — roughly half of them in Germany — bringing total cuts by 2030 to about 100,000; compulsory redundancies are ruled out. The four sites Emden, Zwickau, Hanover and Neckarsulm have no competitive follow-on product allocation from 2031–2034; according to the works council no plant closure has been sealed, and management is to work out concrete solutions by mid-2027. Investments of EUR 135 billion in fixed assets and R&D (2027–2031) are also planned; target margin 9% by 2030 (AFP, 4 September 2026; Personalwirtschaft, 10 September 2026). Definitive decision following the reported stage since June 2026 (entry 04211820, recorded there without a figure). Update (26 Oct 2026): According to media reports, the board wants to cut a further 12,000 jobs at the Volkswagen brand by 2030 and offer staff a voluntary move into a state-subsidised transfer company; the works council and IG Metall reject this, and industrial action is possible from the turn of the year. Whether the 12,000 are part of the 50,000 is open, so the figure is not counted separately (Personalwirtschaft, 26 Oct 2026).