Volkswagen faces tough talks on job cuts
Volkswagen CEO Oliver Blume faces difficult negotiations over plant closures and workforce reductions in Germany. The automaker is also reviewing its operational strategy in the United States.
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VOLKSWAGEN AG is cutting 50,000 jobs globally and reviewing its premium brand Audi's footprint. The restructuring comes as the automaker grapples with billions of euros in tariff losses in United States and shrinking margins in China .
