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VW restructuring deepens: profit fall, job cuts, plant shift

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Latest: Porsche to cut 5,000 jobs by 2035 as part of Future Package restructuring

Volkswagen’s 2030 Zielbild plan is accelerating. In the April‑June quarter the group posted a net profit of €1.54 billion, a 32.9 % year‑on‑year decline, and trimmed its 2026 revenue‑growth outlook to –3 % to 0 %. The we