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First reported by globalbankingandfinance.com
Volkswagen stakeholders meet to decide future of creaking auto giant

Volkswagen Weighs Closing 4 German Plants, Cutting Up to 100,000 Jobs

Volkswagen is weighing plans to close four German plants and cut up to 100,000 jobs, in what would be the largest restructuring in the automaker's history, amid Chinese competition and U.S. tariffs.

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