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Volkswagen to cut 100,000 jobs, reviews more plant shutdowns

By Drooid · Sep 25, 2026, 3:24 PM UTC · How we work

Summary

Story summary

Volkswagen announced it will cut 100,000 jobs over the next few years.
The company has already closed its Dresden plant and is reviewing shutdowns of four additional sites.
Volkswagen’s Zwickau factory, recently converted for electric vehicles at a cost exceeding €1 bn, may also close.
Sigrid de Vries warned that security protocols, political rivalries and low wartime demand limit defence conversion of automotive assets.

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Story summary

Volkswagen announced it will cut 100,000 jobs over the next few years.
The company has already closed its Dresden plant and is reviewing shutdowns of four additional sites.
Volkswagen’s Zwickau factory, recently converted for electric vehicles at a cost exceeding €1 bn, may also close.
Sigrid de Vries warned that security protocols, political rivalries and low wartime demand limit defence conversion of automotive assets.