Archive · 5 Jun 2025
Volkswagen to Cut 35,000 Jobs in Germany by 2030
Volkswagen is cutting 35,000 jobs in Germany by 2030 to save money.
They're offering early retirement and severance packages, potentially up to $400,000.
Apprenticeships will be reduced, and pay raises are delayed.
These changes aim to cut labor costs and stay competitive.
Volkswagen plans to keep factories open despite the job cuts.
The company is facing global challenges, including possible tariffs from the United States.
These steps are intended to keep production in Germany stable.
Volkswagen plans to cut 35,000 jobs in Germany by 2030.
The job cuts are part of a cost-saving plan amidst global challenges.
Severance packages could reach up to $400,000, depending on tenure.
Apprenticeship positions will be reduced from 1,400 to 600 annually.
A planned 5% salary increase will be postponed for 130,000 workers.
- Who
- Volkswagen, a German car manufacturer, is cutting jobs for its employees in Germany.
- What
- Volkswagen is reducing its workforce by 35,000 jobs in Germany.
- When
- The job cuts are planned to be implemented by 2030. Pay freezes to start in 2026.
- Where
- Germany, at Volkswagen's facilities.
- Why
- To save money and address global economic challenges, including potential tariffs.
- Job Cuts
- 35,000
- Location
- Germany
- Target Year
- 2030
- Employee Incentives
- Early retirement and severance
- Potential Severance
- $400,000
- Apprenticeship Reduction
- 1,400 to 600
- Workers with Delayed Raises
- 130,000