Volkswagen needs deep cuts to remain competitive, CEO says ahead of crunch talks

What this means for your job search: Expect a more competitive tech job market, especially in automotive-related sectors, with companies prioritizing candidates who can demonstrate direct contributions to efficiency and cost savings. Tailor your resume and interview answers to highlight how your skills drive business value and solve critical problems, rather than just building new features. Volkswagen CEO Oliver Blume warned on Friday that the car sector’s problems would only intensify in the coming years, arguing deep cost cuts were needed to keep Europe’s top automaker afloat as it gears up for weeks of crunch talks over a planned revamp.