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Volkswagen CEO defends job cuts citing economic pressures

Volkswagen Group CEO Oliver Blume justifies plans for major job cuts amid a serious economic downturn. The company seeks to save €4 billion and may shut down factories in Germany. Industry leaders call for improved economic conditions, while political figures stress the importance of securing jobs and plants.Volkswagen Group CEO Oliver Blume justifies plans for major job cuts amid a serious economic downturn. The company seeks to save €4 billion and may shut down factories in Germany. Industry leaders call for improved economic conditions, while political figures stress the importance of securing jobs and plants.