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Volkswagen surges on the stock market (+4.9%) following the approval of the cuts plan

(ANSA) - BELGRADE, 04 SET - Volkswagen's stock soars on the Frankfurt Stock Exchange after the automaker's supervisory board agreed on a restructuring plan that includes cutting 100,000 jobs by 2030. The Wolfsburg-based company's shares rose 4.9% to 80.1 euros, after reaching a high of nearly 10% at 83.76 euros. (ANSA).