Economy
Volkswagen Cuts 100,000 Jobs as Board Approves Major Restructuring Plan
•Volkswagen board approves plan to eliminate 100,000 jobs across Audi, Porsche, Skoda brands. Major automotive restructuring plan announced.
4 September 2026
•Volkswagen board approves plan to eliminate 100,000 jobs across Audi, Porsche, Skoda brands. Major automotive restructuring plan announced.
•Uber cuts over 3,000 jobs in major global restructuring to streamline operations. Company aims for faster, simpler business model across worldwide operations.
•Microsoft announces significant restructuring with 4,800 job cuts affecting 2.1% of workforce. Xbox division sees 1,600 immediate layoffs in strategic realignme...