BUSINESSCNBC TOP
Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
Volkswagen is reducing its model lineup and shrinking capacity, with no mention of job cuts. The decision followed a high-stakes boardroom showdown with the company's supervisory board.
Mentioned
Related Signal
Adjacent reporting
- Meta is downsizing by about 10 percent
- Microsoft plans another round of job cuts, impacting thousands of roles
- Microsoft's Xbox cuts 1,600 employees, with plans to shed 20% of its workforce this year
- Coinbase cuts 14% of workforce, citing market slump and AI shift
- Microsoft is planning to slash thousands of jobs in sales, consulting, and Xbox