Volkswagen Group Internal Memo Reportedly Calls For Doubling Layoffs

Volkswagen Group's internal memo reportedly calls for doubling planned layoffs to 100,000 jobs, with CEO Oliver Blume citing costs 20% higher than rivals and warning four German plants lack "competitive use cases" for the 2030s. The cuts follow already-announced 50,000 job eliminations, production relocation to Mexico, model line reductions, and potential factory closures. If you supply components to VW's German plants (Emden, Hanover, Zwickau, Neckarsulm), your customer just signalled those facilities have no confirmed 2030s business—which means your orders vanish with them. Move now to either follow the Mexican production shift, lock into their non-German operations, or find new buyers for your existing tooling.