VW's 2030 Plan: 50,000 Jobs Cut, Plant Reuse, and Seat’s Possible Exit
Volkswagen approved its Future Plan 2030 to reach a 9% operating margin by 2030, including cutting 50,000 jobs (including management), repurposing or closing underutilized European plants, and slimming its model range by 50% with a 75% cut in complexity. The company is weighing the fate of German plants (Emden, Zwickau, Hanover, Neckarsulm) with a decision by mid-2027, and reports suggest Seat could be retired while Cupra remains, as VW focuses on higher-volume, simpler offerings amid ongoing competition and shifting demand.