Volkswagen board approves plan to cut 100,000 jobs

The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000. The group - which includes Audi, Porsche, Skoda as well as the VW brand - said in March that it would cut 50,000 roles by the end of the decade. The move is a strong signal for the future of the firm, which is taking responsibility for our entire workforce, VW's chief executive Oliver Blume said in a statement on Thursday. Blume told the BBC in July that the firm was looking to make the additional cuts.