Volkswagen confirms cutting 50,000 jobs as part of its survival plan

The Volkswagen Group has revealed a 'transformation program' that includes layoffs, potential factory closures and brand shutdowns.

The Volkswagen Group has revealed a 'transformation program' that includes layoffs, potential factory closures and brand shutdowns.<p><img src="https://www.engadget.com/img/gallery/volkswagen-confirms-cutting-50000-jobs-as-part-of-its-survival-plan/intro-1788522292.jpg" /></p>