19:58 - 10.07.2026

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July 10, Fineko/abc.az. Employees of Volkswagen staged a rally outside the company's headquarters in response to restructuring plans that could cut up to 100,000 jobs and shut down several manufacturing facilities across Germany.

According to the reports, the automotive giant defends these drastic measures as a corporate necessity following a severe drop in profitability, with earnings plummeting by 53% in 2025. Workers nationwide continue to hold protests, raising urgent concerns over accelerating deindustrialization and widespread job losses within the region.