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Volkswagen faces talks over 25,000 German job cuts and plant closures

Verifying
  • Volkswagen CEO Oliver Blume faces German negotiations over restructuring, job cuts and plant closures.
  • Volkswagen expects 50,000 additional job cuts, including 25,000 planned reductions in Germany.
  • Volkswagen will present a European production plan by the end of June 2027.
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