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Volkswagen (VOW3 GY) says survey on which the 2030 strategic plan is based envisages group-wide adjustment to the workforce, involving the reduction of around 50k positions

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Volkswagen's 2030 strategic plan targets an operating return on sales of 9%, EUR 31bln operating profit, EUR 135bln investment (2027-2031), and a reduction of around 50k positions.

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Key financial target is an operating return on sales of 9% by 2030. This corresponds to operating profit of around EUR 31bln and 135bln for investment in over the planning period from 2027-2031.

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