Volkswagen Stock Hits 15-Year Low Amid Reports of Potential 100,000 Job Cuts
Volkswagen stock fell to a 15-year low amid reports that the company is considering cutting up to 100,000 jobs as part of its restructuring efforts. The potential job cuts would double previous targets set in late 2024 and could lead to plant closures at several locations.
Topics: job cuts restructuring stock decline Volkswagen