Volkswagen jumps 5% on plans to cut 50,000 jobs amid tariffs, China competition - CNBC

By Sawdah Bhaimiya | Published: Sep 04, 2026

Volkswagen employees are taking part in an information and protest event organized by IG Metall in front of the VW plant in Zwickau. Volkswagen shares jumped on Friday after it announced plans to sl… [+4043 chars]