W is considering axing as many as 30,000 jobs as it scrambles to save billions of euros amid a slowdown in the car market, German media has reported. The carmaker recently announced it could close some of its German factories for the first time in history as it struggles to reinvent itself for the electric era. Analysts at Jefferies said VW is considering closing two to three facilities, with as many as five German sites under threat, putting 15,000 jobs at risk. That job losses is feared to have doubled to 30,000, according to Manager Magazin, a leading German business...
