<ul><li>Volkswagen will be cutting 35,000 jobs across its German locations by 2030, with the aim of saving 1.5 billion euros (RM7.03 billion) annually in labour costs</li><li>The manufacturer aims to reduce its production capacity by 734,000 units across the affected German plants, resulting in savings of more than four billion euros (RM18.75 billion) annually</li><li>Volkswagen will move production of the Golf hatchback and estate models from Wolfsburg in Germany to Puebla in Mexico from 2027, while maintaining production of ID.3 and Cupra Born at Wolfsburg</li><li>The technical development division at Wolfsburg will see a reduction of 4,000 jobs by 2030, with tasks being transferred to other sites in Volkswagen's development network</li></ul>

Volkswagen to cut 35,000 jobs by 2030 – RM19 billion saving targeted, Germany output to drop by 734k units

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