Volkswagen’s stock receives boost from plan to double job reduces to 100,000

TL;DR

watch now Volkswagen’s historic restructure boosts shares Volkswagen's supervisory board approves a transformation plan that will see it cut 50,000 additional jobs and halve its vehicle line-up. Annette Weisbach reports as markets take in the news. 02:46 15 minutes ago watch now Volkswagen’s long road to job cuts and restructuring Volkswagen's supervisory board has approved a transformation plan that will see an additional 50,000 jobs cut, on top of 50,000 redundancies already underway.