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Volkswagen estimates about €16 billion for restructuring

Volkswagen is estimating a bill of about €16 billion ($18.6 billion) for a sweeping restructuring, The plan could involve tens of thousands of job cuts and closure or repurposing of German factories.

VOWVWAGY

6 billion) for a sweeping restructuring, The plan could involve tens of thousands of job cuts, along with the closure or repurposing of German factories. The cost estimate h…