Volkswagen plans to cut 50,000 jobs in Germany by 2030 due to a significant drop in profits, attributed to US tariffs, competition from China, and restructuring costs for electric vehicle transition. CEO Oliver Blume emphasized the need for rigorous cost reduction, while the company anticipates a recovery in the coming year. The firm has already agreed to cut over 35,000 jobs in a socially responsible manner to save €15bn. Teljes cikk (bbc.com europe)