{"id":123662,"date":"2026-07-24T17:36:02","date_gmt":"2026-07-24T17:36:02","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2026\/07\/24\/volkswagen-cfo-says-too-many-layers-too-many-entities-as-carmaker-doubles-job-cut-target\/"},"modified":"2026-07-24T17:36:02","modified_gmt":"2026-07-24T17:36:02","slug":"volkswagen-cfo-says-too-many-layers-too-many-entities-as-carmaker-doubles-job-cut-target","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2026\/07\/24\/volkswagen-cfo-says-too-many-layers-too-many-entities-as-carmaker-doubles-job-cut-target\/","title":{"rendered":"Volkswagen CFO says \u2018too many layers, too many entities\u2019 as carmaker doubles job-cut target"},"content":{"rendered":"<p>Volkswagen&#8217;s second-quarter operating profit fell nearly 10% to 3.5 billion euros, missing estimates, as the carmaker scrapped its 2026 revenue growth forecast. CFO Arno Antlitz called the roughly 4% margin a wake-up call demanding a second restructuring. China sales dropped over 31% in the first half. VW is weighing up to 100,000 job cuts, with four German plants still lacking confirmed use cases beyond 2030.<\/p>","protected":false},"excerpt":{"rendered":"<p>Volkswagen&#8217;s second-quarter operating profit fell nearly 10% to 3.5 billion euros, missing estimates, as the carmaker scrapped its 2026 revenue growth forecast. CFO Arno Antlitz called the roughly 4% margin a wake-up call demanding a second restructuring. China sales dropped over 31% in the first half. VW is weighing up to 100,000 job cuts, with&hellip;&nbsp;<a href=\"https:\/\/newsfortnite.com\/index.php\/2026\/07\/24\/volkswagen-cfo-says-too-many-layers-too-many-entities-as-carmaker-doubles-job-cut-target\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Volkswagen CFO says \u2018too many layers, too many entities\u2019 as carmaker doubles job-cut target<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":123663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/123662"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=123662"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/123662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/123663"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=123662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=123662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=123662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}