(FILES) A pedestrians' traffic light is on red next to the headquarters of German car maker Volkswagen (VW) prior to a rally called by German trade union IG Metall to protest against restructuring and mass job cut plans in Wolfsburg, Germany, on July 9, 2026. Volkswagen's boss told employees on July 13, 2026 a further 50,000 jobs could go at the struggling auto giant, according to an internal memo seen by AFP, confirming reports the group is targeting 100,000 cuts worldwide. (Photo by Tobias SCHWARZ / AFP via Getty Images)