Why Volkswagen's huge workforce became a costly burden

🇩🇪 Deutsche Welle (DE) —

AI Summary

Volkswagen faces financial pressure due to its large workforce, prompting plans to cut up to 100,000 jobs from its 630,000 employees. The company’s challenges stem from an oversized staff and aggressive competition in the electric vehicle sector, particularly from Chinese manufacturers.

The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW's headcount get so bloated, and will the cuts be enough to survive the Chinese EV onslaught?

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