€11 billion cost-cutting target
Volkswagen aims to cut general overhead costs by €11 billion by the end of this decade as part of its restructuring plan.
Snapshot · Bloomberg Intelligence
AI Cost Reality Check Hits Tech Stocks as Apple Hikes Price
Explore episode
Jun 26, 2026
Where this was said
OpenAI Delays IPO to 2027, Unbothered by Anthropic
At 10:02 · chapter starts 8:32
Ed Ludlow reports OpenAI is leaning toward staying private until 2027, consistent with its June 8th confidential filing, and appears calm about Anthropic potentially IPO-ing first. [1] — Ed Ludlow "OpenAI is leaning toward staying private until at least 2027. It's not just about market timing — the company believes certain strategic go…" 06:28
Why Memory Chips Won't Follow the Old Boom-Bust Playbook
Memory chips used to be wildly cyclical — when consumer demand collapsed, memory prices crashed. That pattern is broken now. Data center demand for AI infrastructure has structural staying power that consumer electronics never did. Building more fabs carries the same risk it always did, but the demand floor is much higher.
VW cutting 100,000 jobs
Volkswagen is planning to double staff reductions and cut general overhead costs by €11 billion by end of this decade.
Volkswagen's Brutal Reckoning: 100,000 Jobs on the Line
Volkswagen is facing pressure from every direction: tariffs in the US, fierce Chinese competition at home and in China, and a massive European industrial base that's politically untouchable. The company has been pushing this reckoning off for years. Now it's cutting 100,000 jobs and slashing €11B in overhead — and the market barely shrugged.
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