In its annual figures, the company said that earnings fell from €12.4 billion ($14.45 billion) to €6.9 billion year on year.

Volkswagen CEO Oliver Blume said the VW Group would cut “around 50,000 jobs by 2030” across Germany.

  • Zombie@feddit.ukEnglish
    58·
    1 day ago

    So still profitable. Still profitable to the tune of near €7 billion. Oh no!

    50,000 jobs go bye bye because line no go up

    Capitalism is an amazing system

    • Janx@piefed.socialEnglish
      35·
      1 day ago

      Well, the workers did the job the way the executives decided… So obviously their livelihood should be taken away while the execs get bonuses!