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Volkswagen faces job cuts and plant closures amid worker revolt

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Around 10,000 workers reacted to Cavallo’s remarks that management failed to explain the seriousness of Volkswagen’s cost-cutting plans, with Chairman Blume offering a bleak outlook. The company is pursuing mass layoffs and plant closures, considering cuts to internal subsidies and benefits, lowering production costs, scaling back unprofitable model lines, freezing recruitment and encouraging early retirement or part-time work. A first round of reductions is underway, eliminating about 50,000 jobs, including 35,000 at the Volkswagen brand, as

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