Volkswagen’s stock nears a 15-year low on reports of massive planned layoffs

Shares in the German carmaker slumped following reports of a plan to cut up to 100,000 jobs.

Source: [MarketWatch](https://www.marketwatch.com/story/volkswagens-stock-is-close-to-hitting-a-15-year-low-04aee48d?mod=mw_rss_topstories)