Volkswagen stock rises on 50,000 job cuts plan amid tariffs, China pressure

Business

Volkswagen Stock Rises On 50,000 Job Cuts Plan Amid Tariffs, China Pressure

By CNBC

Picture Alliance | Picture Alliance | Getty Images Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of a historic transformation plan amid intensifying tariff pressures and competition from China. Eur ...Read more