I hate new cars:

[Bobby]

https://www.bbc.com/news/articles/cx2z0kvy4n4o


Volkswagen board approves plan to cut another 50,000 jobs


1 hour ago



The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000.

The group - which includes Audi, Porsche, Skoda as well as the VW brand - said in March that it would cut 50,000 roles by the end of the decade.

The move is a "strong signal" for the future of the firm, which is "taking responsibility for our entire workforce", VW's chief executive Oliver Blume said in a statement on Thursday.

Blume said in July that the firm was looking to make the additional cuts.

The Golf-maker has been hit by a drop in profits due to falling sales and fierce competition, especially from Chinese brands.