Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Volkswagen, a German automotive company, announced the elimination of around 100,000 positions worldwide, including the current redundancy of 50,000 staff in Germany. Volkswagen 2026 - DE. The layoffs will impact 15% of Volkswagen staff worldwide.
The cuts target production facilities and other operational units across the group. They are scheduled to take effect starting from September 2026 and to be conclude by December 2030.
The company is restructuring in response to intensifying global competition, changing market demand and technological transformation in the automotive industry. The Future Plan 2030 aims to improve competitiveness, profitability and efficiency through leaner structures, reduced complexity and workforce adjustments.
Trade union IG Metall and the company works council (Volkswagen Betriebsrat) were engaged early in negotiations and issued joint statements, underscoring a collaborative approach to managing the changes. Their involvement has shaped the communication strategy around the plan. Overall, the program aims to preserve long-term viability while significantly scaling back current employment levels.
Eurofound (2026), Volkswagen, Internal restructuring in World, factsheet number 301119, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/301119.
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