Volkswagen board plans 100,000 job cuts, adding 50,000 more
- 1German auto giant Volkswagen's board has approved an additional 50,000 job cuts
- 2Total reductions reach 100,000 by 2030, on top of the 50,000 announced in March
- 3Slumping sales and competition from Chinese firms have squeezed profits, marking the largest restructuring in company history
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