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AI Cost Reality Check Hits Tech Stocks as Apple Hikes Price

Explore episode Jun 26, 2026
Business
Why European Investors Shrugged at Volkswagen's Mass Layoffs

AI Cost Reality Check Hits Tech Stocks as Apple Hikes Price · Jun 26, 2026 Business

When US companies announce job cuts, stocks typically surge. Volkswagen's stock moved just 1.2% on news of its massive restructuring. European investors know these things take years, face union opposition, and often fall short of targets. Stellantis is the cautionary tale: years of integration work, still not a super-profitable unit.

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Volkswagen Plans to Cut 100,000 Jobs Amid Global Pressure

At 12:40 · chapter starts 10:22

David Welch details Volkswagen's sweeping restructuring plan to cut tens of thousands of jobs and €11B in overhead, driven by tariffs, Chinese competition, and stagnant profits.

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