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German Economy

1 story First covered: Jul 17, 2026 Latest: 1 hour ago
Jul 17, 2026 · 11:48 LATEST
Business

Volkswagen's Massive Layoffs: A Desperate Bid for Survival in the Electric Era

Germany's struggling carmaker plans to cut up to 100,000 jobs in a bid to stay competitive in the face of growing Chinese electric vehicle dominance.