Germany's Volkswagen plans to close at least three factories and lay off tens of thousands of employees

According to reports, Daniela Cavallo, chairman of the Volkswagen Group's Works Committee, revealed that Volkswagen plans to close at least three factories in Germany and lay off tens of thousands of employees. The group's management has made it clear that layoffs must be taken in Germany in order to maintain operations. It is expected that all Volkswagen factories will be affected by this plan.