(FILES) Employees of the Volkswagen plant in Zwickau stand on the factory premises during an information event organised by the Works Council of Volkswagen Saxony in Zwickau, eastern Germany, on October 28, 2024. Europe's largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported on June 2026. Volkswagen is already planning to cut 50,000 jobs across its brands in Germany by 2030 as it is struggling with high costs, US tariffs and fierce Chinese competition in electric vehicles. Volkswagen would also close plants at Hanover, Zwickau and Emden after production runs of models currently made there end. (Photo by JENS SCHLUETER / AFP via Getty Images)