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Volkswagen jumps 8% on plans to cut 50,000 jobs amid tariffs, China competition

CNBCSeptember 4, 2026 at 11:46 AM

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Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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