VW, controlled by billionaire Porsche-Piëch family, cuts 50,000 more jobs

Billionaires.Africa 9 h Botswana

Volkswagen's board has approved 50,000 further job cuts, doubling reductions since 2024. About half fall in Germany. The company has not said where the rest land and South Africa's Kariega plant builds every Polo in the world.

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