On August 25, Volkswagen CEO Oliver Blume recently revealed that the company has formulated the largest transformation plan in the history of the Volkswagen Group. Potential measures include cutting another 50,000 jobs and splitting some business units. However, the layoff plan was questioned by the German trade union. There is still room for competition between the two sides, and the complete plan will need to complete multiple rounds of negotiations between the supervisory board and the trade union before it is finally implemented. Obomu said that the current industry environment is very severe. The next few years will determine the survival pattern of car companies. Volkswagen must resolutely complete internal transformation in order to maintain its market competitiveness and reserve capital for subsequent electrification transformation. Since this year, Volkswagen has repeatedly revealed measures such as layoffs, factory closures, and business adjustments in an effort to save itself. In March of this year, Obomu said that the Volkswagen Group plans to cut a total of about 50,000 jobs across the German Group by 2030. The main reason for the layoffs was US tariff pressure and large-scale problems faced by the Porsche brand. In June of this year, Xinhua quoted foreign media reports as saying that the Volkswagen Group is considering further cost reduction efforts, plans to expand the scale of layoffs to 100,000 people, and may close 4 German factories.

On August 25, Volkswagen CEO Oliver Blume recently revealed that the company has formulated the largest transformation plan in the history of the Volkswagen Group. Potential measures include cutting another 50,000 jobs and splitting some business units. However, the layoff plan was questioned by the German trade union. There is still room for competition between the two sides, and the complete plan will need to complete multiple rounds of negotiations between the supervisory board and the trade union before it is finally implemented. Obomu said that the current industry environment is very severe. The next few years will determine the survival pattern of car companies. Volkswagen must resolutely complete internal transformation in order to maintain its market competitiveness and reserve capital for subsequent electrification transformation. Since this year, Volkswagen has repeatedly revealed measures such as layoffs, factory closures, and business adjustments in an effort to save itself. In March of this year, Obomu said that the Volkswagen Group plans to cut a total of about 50,000 jobs across the German Group by 2030. The main reason for the layoffs was US tariff pressure and large-scale problems faced by the Porsche brand. In June of this year, Xinhua quoted foreign media reports as saying that the Volkswagen Group is considering further cost reduction efforts, plans to expand the scale of layoffs to 100,000 people, and may close 4 German factories.