VW's Software Struggles Lead to Layoffs and Launch Delays

1 min read
Source: TechCrunch
VW's Software Struggles Lead to Layoffs and Launch Delays
Photo: TechCrunch
TL;DR

Volkswagen's software unit, Cariad, is facing significant delays in the launch of its new software architecture due to a round of layoffs. The planned job cuts will push back the release of VW's software architecture 1.2 by 16 to 18 months, impacting models such as the Porsche Macan EV and the Audi Q6 E-Tron. The layoffs also mean that Cariad will have to redevelop its 2.0 version from scratch. VW has struggled to compete with Tesla and other automakers in terms of software-defined vehicles, which offer additional revenue streams. Cariad's restructuring plan still requires approval from VW's works council.

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