
Volkswagen is a big car company. The company makes many cars. It also owns other car companies. These companies are Audi, Porsche, and Skoda. The leaders of Volkswagen said something important. They will cut jobs. Many people will lose work.
The Volkswagen group said it will cut 50,000 jobs soon. This is a big number. But there is more. The company will cut 100,000 jobs by the year 2030. That is ten years from now. This is a very big change.
Car companies are changing. They make new cars now. New cars use electricity. Old cars use gas. Making new cars costs a lot of money. The company needs to save money. So they will have fewer workers.
Many people work at Volkswagen. These people will not have jobs. They will need to find new work. Some people may move to new cities. This is hard for families. But the company says it must do this.
Volkswagen will still make cars. But it will be smaller. The company will use new machines. These machines can do some jobs. Volkswagen will focus on electric cars. This is the future of cars. Many companies are doing this too.
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