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it home reported on september 20 that the automotive media carscoops published a blog post today (september 20), reporting that volkswagen is facing huge financial pressure and may lay off nearly 30,000 employees.

according to volkswagen's annual report disclosed in 2023, there are 298,687 employees in germany alone. the large scale of this layoff has attracted the attention of many media and the outside world. behind the layoffs are the new employment challenges faced by unemployed employees.

volkswagen later responded by questioning the 30,000 figure, but a company spokeswoman said: "one thing is clear: volkswagen must reduce costs at its german production base." she declined to say how many jobs were at risk, but pointed out that further discussions would be held in the future.

manager magazin, an automotive media outlet, revealed that the r&d department may be hit hard in this round of layoffs. it home quoted a source as saying that the number of employees in the r&d department will be reduced by about 4,000 to 6,000 from the current 13,000.

the report also said that the company hopes to reduce investment by 10 billion euros (it home note: currently approximately 78.839 billion yuan) in the next five years.