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Volkswagen to cut jobs? CEO Oliver Blume warns employees carmaker's situation ‘more than critical’

Monday, August 24, 2026 - 13:35
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Volkswagen to cut jobs? CEO Oliver Blume warns employees carmaker's situation ‘more than critical’
Volkswagen CEO Oliver Blume warned employees the carmaker's position is “more than critical” adding that the company and the German car industry is facing “the biggest upheaval in their history” due to global headwinds and Chinese competition. 

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