# Volkswagen plans to cut up to 100,000 jobs worldwide

Volkswagen is planning to eliminate up to 100,000 jobs globally as part of a major cost-cutting drive. The German automaker aims to save billions to fund its transition to electric vehicles. The massive layoffs would have a significant impact on the auto industry and global employment.

**Importance:** 4/5

## Sources

### Business
- [BBC Business](https://www.bbc.co.uk/news/articles/cx2wzpwn51lo?at_medium=RSS&at_campaign=rss) — Mon, 13 Jul 2026 16:19:15 GMT