The German auto giant expects a full-year revenue squeeze.
Omar Ramadan
Volkswagen has revised down its sales forecast for 2026. The German auto giant expects a full-year revenue squeeze.
The company reported the results on Friday. Volkswagen's second-quarter profit slumped, falling short of market expectations, according to the company.
Following the downward revision of its 2026 sales forecast, Volkswagen is now considering the implementation of mass job cuts as part of its strategy to address the ongoing revenue squeeze.
Volkswagen is reportedly considering mass job cuts following the downward revision of its 2026 sales forecast. Additionally, the company has held an earnings call presentation to address its 2026 second-quarter financial results.