Volkswagen, one of the world’s largest automakers, is reportedly planning to axe as many as 100,000 jobs over the next few years, representing 15% of its global workforce. The job cuts would come alongside the planned closure of four factories in Germany and a 15% reduction in investment over the next five years, according to a report Friday by Manager Magazin, a German business magazine. The report added that Volkswagen – Germany’s biggest automaker and one of its major employers – is planning to spin off its main Volkswagen brand and auto parts business into separate entities.
The company owns several other brands including Audi and Porsche. A Volkswagen spokesperson declined to comment to CNN on “internal, confidential documents.” “The underlying matters will be discussed and approved in the respective committees,” the spokesperson added. “We will not pre-empt this process.” VW employs almost 660,000 people worldwide and had already announced plans to slash 50,000 jobs in Germany by 2030. The company has one US assembly plant, in Chattanooga, Tennessee, which has more than 4,000 workers. Like many European carmakers, it has been squeezed by fresh tariffs on its exports to the United States as well as struggling to counter the rise of Chinese electric vehicles manufacturers, including BYD.
The Volkswagen spokesperson said the company required “sharper focus as well as stricter discipline over costs and investment” to meet its new reality, adding that its traditional business model – making cars in Europe and exporting them globally – “no longer works” for all of its brands. Any job cuts will likely meet resistance from German unions. “If such plans are pushed forward, we would prevent them with all our might,” labor union IG Metall and Volkswagen’s General Works Council said in a joint statement on Friday. Shares of Volkswagen were down 1.5% early afternoon local time. Its stock has dropped by more than a quarter so far this year.
Special force police in Algeria raided a worship service at a humanitarian shelter on Sept. 4, arresting all 12 Christians present on suspicion of holding an unauthorized, non-Muslim religious service, sources said.…
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Colorado Parks and Wildlife officers were called to investigate a mountain lion that had decided to climb a tree in Westminster on Tuesday and hang out for a while. Westminster police said…
Number of Casualties in Leipzig Car Ramming May be as High as 80 Getty Images OLIVER JJ LANE5 May 2026968 While the picture is unclear because many were ‘walking wounded’ who left the scene without talking to medics, it is thought the Leipzig car attack may have struck as many as 80 people on Monday. The alleged driver of a car that was ploughed through crowds on a busy shopping street and a historic market square appeared before a court on Tuesday after being arrested at the scene on Monday afternoon.
The suspect, a 33-year-old German citizen, is said to be a local amateur boxing coach. Police say they do not believe the car being driven through the crowds was accidental and they are treating it as a deliberate attack, but say they don’t believe there is any political or religious motivation, NTV reports. The alleged perpetrator was already known to police, it is said, and had left a psychiatric hospital the day before the attack. If the facts as presented turn out to be true, the deaths in Leipzig may again speak to state failure, where a patient at a mental hospital has been allegedly expelled after violence towards staff and fellow inmates, exposing the general public to this danger rather than transferring the individual to a more secure unit. On Monday afternoon, a car was driven at speeds of “at least” 50 kilometres per hour (30mph) through the pedestrianised city centre of Leipzig, eastern Germany.
As reported on Monday, two people were declared dead at the scene, and they have now been identified as a 63 year old woman and 77 year old man reports Die Welt. The number of injured has remained unclear, although it has quickly risen from around a dozen to as many as 80. Three of those are said to be seriously injured and in critical condition, but the total number is unclear as many lightly injured individuals are thought to have left the scene without checking in with paramedics to either check themselves into hospital or go home.
A Pasadena family’s dog reunited with his rescuers, who pulled him out of a house fire that nearly killed him last week. Owner Fernando said he was out of the country…
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A German tourist has died after a snake crawled into his trousers and bit him as he watched a show in Egypt on a family holiday, police in Germany have said. The 57-year-old man was watching the snake-charming show at a hotel in Hurghada, a popular beach holiday destination on the Red Sea, in early April. The two snakes involved, thought to be cobras, were draped over the necks of audience members, police in southern Bavaria state said.
“The ‘snake charmer’ then let one of the snakes crawl into the trousers” of the German man and it bit him in the leg, they said in a statement. The victim showed “clear signs of poisoning” and had to be resuscitated before being taken to hospital, where he later died, they said. The man – who was not named in the statement – came from the Unterallgäu district of Bavaria and was on holiday with two relatives. German police and prosecutors are investigating his death and are awaiting the results of a toxicology test. When contacted by Agence France-Press, Egyptian authorities said they were not aware of the incident.
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A 10-month-old girl has died along with two other people after a tree toppled during an Easter egg hunt in northern Germany, police say.
The 100-foot tree fell on four people participating in the event on Sunday morning in woods near the town of Satrupholm.
The baby girl died in hospital, while her 21-year-old mother died at the scene as she was being treated by first responders, as did another 16-year-old girl.
An 18-year-old woman suffered serious injuries and was brought to the hospital by helicopter.
The incident took place as around 50 people from a nearby residential facility for new mothers, pregnant women and children hunted for eggs in the area, which had been under a high winds warning from the German weather service.
Grief counsellors were sent to the scene, where pictures published by the Bild news site showed several Easter eggs scattered on the ground and two of the victims covered in white sheets.
I have been crucified with Christ; it is no longer I who live, but Christ lives in me; and the life which I now live in the flesh I live by faith in the Son of God, who loved me and gave Himself for me. Galatians 2:20
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Home / Business/Industry News / Sports Memorabilia Business News / Nebraska Postal Worker Arrested in $46,000 Sports Card Theft Nebraska Postal Worker Arrested in $46,000 Sports…
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BEIJING (AP) — The first official trip to China by German Chancellor Friedrich Merz comes as his country’s manufacturers face increasing pressure from Chinese competitors and as U.S. President Donald Trump shakes up a post-World War II global order that Europe has long depended on.
Special force police in Algeria raided a worship service at a humanitarian shelter on Sept. 4, arresting all 12 Christians present on suspicion of holding an unauthorized, non-Muslim religious service, sources said. The House of Refuge shelter in L’Ayaida, 36 kilometers (22 miles) east of Oran, serves as a haven and restoration center for vulnerable…
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Susan B. Anthony Pro-Life America called again on the Department of Justice to end mail-order abortion by settling Louisiana v. FDA in light of a new U.S. Senate report on the “dangerous practices” of abortion drug manufacturers. President of SBA Pro-Life America Marjorie Dannenfelser told The Center Square that “Sen. [Bill] Cassidy’s research shows there…
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A minor earthquake was logged in southeast Ohio on Monday morning, according to the U.S. Geological Survey. The USGS said that around 4:06 a.m., a 2.2-magnitude quake struck around seven kilometers north of New Marshfield in Athens County, which is around 10 miles from Ohio University. There is little information about the quake, but the…
In a rare kind of attack, a bear killed a man in Crystal, New Mexico, on Thursday, local police said. The police department for the Navajo Nation said officers within its Window Rock district received a call at about 1pm that a bear had attacked a man. Authorities shot the bear, and the creature fled…
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Alligator hunting season is off to a massive start in Mississippi — and this catch is enough to make you think twice before jumping into the Mississippi River. According to the Vicksburg Daily News, Jonathan Wimberley and his friends had an impressive first night of hunting, catching a 12-foot, 4-inch alligator in the Mississippi River.…
Crews are working to clear a large mudslide that brought boulders and debris down on a road in Eagle County, Colorado. On Saturday afternoon, the Eagle County Sheriff’s Office said the area near Sweetwater Road and Colorado River Road is closed due to the slide. Photos shared by the sheriff’s office show a significant amount…
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