Business

Volkswagen Faces Massive Layoffs

Updated 2026-06-29 13:40 UTC 1 source Negative

Volkswagen’s stock price is near a 15-year low due to reports of plans to cut up to 100,000 jobs. The company faces significant restructuring challenges.

Coverage timeline — 2 articles

MarketWatch

‘I don’t think I’ll make it to 80’: I’m 70 and single. Do I take out a reverse mortgage or a home-equity agreement?

“I’m torn between these two options.”

2026-06-29 13:30 UTC

MarketWatch

Volkswagen’s stock nears a 15-year low on reports of massive planned layoffs

Shares in the German carmaker slumped following reports of a plan to cut up to 100,000 jobs.

2026-06-29 13:33 UTC