New Delhi, July 13 -- WOLFSBURG - Volkswagen Chief Executive Oliver Blume told the carmaker's global workforce on Monday that Europe's largest automaker may need to eliminate 50,000 more jobs on top of the 50,000 positions already agreed under the 2024 restructuring deal, effectively confirming for the first time that VW is targeting a total reduction approaching 100,000 roles, or roughly one in six of its 630,000 employees worldwide.

The disclosure came in an internal memo Blume sent to staff at Volkswagen AG, seen by Reuters. It followed demonstrations at multiple German plants last week, where employees demanded that management explain restructuring plans the supervisory board rejected at a Thursday meeting after labor representatives...