BUSINESSQUARTZ
Volkswagen will have slashed 19,000 jobs by year's end, CEO plans to tell shareholders
Volkswagen CEO Oliver Blume announced plans to reduce 19,000 jobs by year's end. Over 28,000 binding departure agreements have been reached for 2030, as disclosed to shareholders.
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Adjacent reporting
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- Meta says it will cut 8,000 jobs as AI spending soars
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- Standard Chartered to slash workforce by 15% over AI
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- GoPro to lay off over 20 percent of staff by the end of 2026