Volkswagen is considering a restructuring plan that could lead to the elimination of 100,000 jobs.

The management of Volkswagen is analyzing an unprecedented restructuring plan that could lead to the elimination of up to 100,000 jobs globally and to the closure of several factories in Germany.

This decision is motivated by competitive pressure from China, rising costs, and the impact of American tariffs. Employee protests, organized by unions, have already begun in front of the factories in Germany. Volkswagen had previously agreed to reduce 50,000 jobs by 2030, but now CEO Oliver Blume is considering additional cuts.

The unions, represented by IG Metall, have expressed their opposition to these plans, threatening broader protests. Thursday's board meeting will mark the beginning of negotiations between management and the unions.

Volkswagen needs to improve its competitiveness, and higher tariffs in the U.S. could cost the company 5 billion euros annually, particularly affecting the Audi and Porsche brands.