Volkswagen has recently announced its intention to reduce its workforce by more than 35,000 employees by 2030 as part of a major restructuring effort.

The company has reached an agreement with the IG Metall union, ensuring that no production sites will be shut down during this transition.

This decision comes at a time when there are ongoing discussions about the impact of European Union regulations on national labor markets, with some expressing concerns about the influence of Brussels on local laws.

Volkswagen aims to adapt to changing market conditions while also maintaining stability in its workforce at its current locations.