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The Nexus
BUSINESSJun 29 · 23:00 UTCSEMAFORJ.D. Capelouto

Planned VW layoffs add to Berlin's woes

German politicians aim to block Volkswagen's plan to cut 100,000 jobs and close factories, citing pressure from Chinese competitors and US tariffs. The proposed layoffs could face resistance from VW's supervisory board, which includes state politicians and labor union representatives, compounding challenges for Chancellor Friedrich Merz's government.

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