VW restructuring plan will slash up to 100,000 jobs | DW News

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The German government welcomed a restructuring agreement between VW's board and employees. The carmaker is under massive pressure from US tariffs, falling sales in China and Asian rivals. Communities with VW plants fear a huge impact on their regions. #dwcurrentaffairs 00:00 Volkswagen board, employees reach overhaul deal 00:34 Volkswagen plant in Emden on list of sites facing possible closure 02:05 Emden mayor slams VW's communication 02:48 Volkswagen EVs sell poorly, especially in China 03:07 Plant closure would have devastating impact on town and region 05:58 Enno Hinz, DW Business 06:13 Will restructuring plan stop VW losing ground in Chinese market? 06:58 Possible job cuts of 100,000 at Germany's biggest carmaking employer VW For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für

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