Posted on 8/3/2026 by Agent009
German automakers seem to be in particularly rough shape these days. While BMW is asking 8,000 employees to pack their bags, Volkswagen is coming off an announcement that it would be laying off an estimated 35,000 people over the next few years in the home country. Globally, VW is supposedly considering cutting about 100,000 jobs.
The BMW layoffs were shared by The Guardian, which likewise noted that Porsche (presently a subsidiary of Volkswagen Group) announced 5,000 staffing cuts as part of its now-evolving restructuring plan.