VOW board approves 2030 transformation plan with margin and profit targets
VOW’s transformation plan to 2030 was unanimously approved, targeting an 8%-10% margin and €31 billion operating profit, plus a 50% reduction in product complexity. It includes a 50,000 global workforce reduction and operational streamlining.
A comprehensive transformation plan to 2030 was unanimously approved, targeting an 8%-10% margin, €31 billion operating profit, and a 50% reduction in product complexity.
Key measures include a 50,000 global workforce reduction, streamlined operations, and focused regional strategies, with robust f…