Volkswagen Layoffs: Carmaker to cut 50,000 jobs in Germany as profit falls, EV business faces pressure Vimal Sharma 2 months ago Volkswagen announced it will cut 50,000 jobs in Germany by 2030 due to declining profits, among other reasons. Here’s what we know so far. Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X