Volkswagen plans to cut 30,000 jobs and save $3.9 billion in expenses

Volkswagen announced on Friday that it will cut up to 30,000 jobs worldwide and save $3.9 billion in expenses as the company strives to make up for the impact of the diesel emissions cheating scandal and shift its focus to electric vehicles, according to the New York Times.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.