VW denies plans to cut 30,000 jobs | DW News

Volkswagen, Germany’s largest employer worldwide, may be on the verge of making huge cuts. It follows recent reports from German automakers that show signs of trouble caused by slumping sales. Mercedes-Benz and BMW have lowered their outlook following lower than expected demand.

VW denied a recent report that it was planning to lay off up to 30,000 employees – a quarter of its German workforce. But the company says it has to reduce its costs somehow. German Economy Minister Robert Habeck says he wants to help the auto giant get through this rough patch without site closures, but Volkswagen is ultimately responsible for its own structure and viability.

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[AlejandroPikoulasPlata]

The title should be: GERMANY AUTOMAKERS AREN'T COMPETITIVE ANYMORE

[jianyang]

VW also cut its plant in China, is this a treat from Germany? DW is low, real low.

[Shambles]

Why blame other? Germany Car right now really overpriced. use cheap plastic and have a low reliability not worth to buy.

[DM_Laf]

Maybe if you cut the salaries of a high ranking CEO it will work for VW

[Wiersq]

Strange!
World Trade war is supposed to be reciprocal, which can be also called rebalancing.
But It is DW to daily encourage VW to lose the Chinese market. isn't the "decoupling" what DW asked? Why is DW complaining again when everything is going as DW wanted?
Or does DW naively think that if EU impose import tariffs, others will have to swallow their anger?

[sdngy]

it's probably 50 000 job cuts.. they're not lying by any means...😅

[MarioLopez-qpbg]

Germany sold its economy to the USA, now is paying the price of the sumission, though it was known it had too

[DLG]

What happened to capitalism and the free market, cross border trade??
Oh, it's only meant for Western countries. Got it.

[ivanlukanov]

China did not weaken, their cars are becoming simply better

[Tema-kl]

What is the meaning of threatening? They are better at all levels.

[benjaminohloff]

Don't support VW, don't subsidise a failing company or its products. Don't throw good money after bad. Help the workers to qualify for a new job, cut red tape, help startups and lower entry barriers for new businesses. This is how we shoúld deal with failing companies.

[rendezyt]

VW's other competitors are Tesla and the Japanese and Korean cars, not just Chinese EVs

[moosesnWoop]

"How china threatens Germany"

Cope more

[Tomberculosis-qi]

Well when you charge $84, 000 for a vw jetti, you deserve to fail. German car makers charge more give you less and make shittier cars than ever before. Everything is cheap plastic now. Bmw don't even have dipstick ffs wtf is that nonsense.

[directxxxx]

See without Russian cheap gas, your Germany are nothing in terms of competition

[user_zyzymvb]

What about western free market concept when matter against them.

[PJG-ne]

Germany allowed the Americans to blew up nordstream now they pay the price

[Tema-kl]

China's car output exceeded 30.16 million units in 2023, up 11.6 percent year-on-year, and sales exceeded 30.09 million units, up 12 percent. Around 4.12 million German vehicles were produced in 2023. This shows China is running the car manufacturing and market around the world particularity the Global South which is more than 90% of the world.

[easwaransanthakumar]

Germany should focus on Ukraine war instead of competing with China which is near impossible.

[АлексейСмирнов-кл]

In order not to lose their jobs, workers should agree to reduce their salaries by 30-50%