Volkswagen is considering cutting up to 100,000 jobs worldwide and shutting down four of its German production facilities in what could be the largest restructuring in automotive industry history, according to reports from German business outlet Manager Magazin citing insider sources. The plans, first reported on June 26, 2026, would target plants in Hanover, Zwickau, and Emden, all under the core VW brand, along with Audi's facility in Neckarsulm, in Baden-Württemberg.