Volkswagen to Cut 50,000 Jobs and End Seat Brand in Major Restructuring

In early September 2026, Volkswagen announced a sweeping restructuring plan that includes cutting up to 50,000 jobs by the end of the decade and discontinuing its Seat brand. The company's supervisory board approved the plan, which aims to reduce costs and align the workforce with economic realities. Reports also indicate that Volkswagen will halve its vehicle lineup as part of the effort. The Seat brand, which has been struggling, will be phased out, while its sister brand Cupra is expected to survive the changes.