The iconic Volkswagen brand is facing major problems that make it “no longer competitive,” the automaker told its staff on Monday, and that has triggered a 10 billion euro, or $10.9 billion, cost saving program that will include job cuts. More from Headlight.News.
![“No Longer Competitive,” Volkswagen Brand Facing Job Cuts, $11 Billion in Cost Savings](https://headlight.news/wp-content/uploads/2023/11/VW-Wolfsburg-Worker-1080x675.jpg)