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.

  • HaraldvonBlauzahn@feddit.orgEnglish
    2·
    15 hours ago

    €6.9 billion year on year.

    compare that to 5 billions which the US spent on ammunition only in the first days of this war.

    This amount could provide two or four billion people - most poor people on our planet - with food for a week. Let that sink in.