Volkswagen is ***** sing the closure of four factories in Germany and cuts of as many as 100,000 jobs, in what would amount to the "biggest" restructuring in the global automotive industry.
Reuters, citing unnamed sources, said members of the supervisory board had been briefed on the proposals ahead of a formal discussion scheduled for 9 July.
The sites under review are in Hanover, Zwickau, Emden and Audi's plant in Neckarsulm.
Together, those locations employ more than 45,000 workers.
The potential reductions would add to 50,000 job cuts already planned, taking the overall total to as many as 100,000.