Volkswagen plans to cut up to 100,000 jobs worldwide

Volkswagen plans to cut up to 100,000 jobs worldwide, according to Manager Magazin citing sources. In the medium term, four Volkswagen plants could be closed — in Hanover, Zwickau, Emden, as well as Audi's plant in Neckarsulm. Currently, around 657,000 people work at VW.