(disclaimer: I work at Volkswagen)
Volkswagen also announced that 9,000 new jobs will be opened up with at least 1,000 of them being in the IT department in Wolfsburg alone. I wouldn't call this bad news.
I don't know why the IEEE is always such a downer about employment, but this article is stretching it the furthest I've ever seen. VW layoffs, especially if they come in the form of factory reductions / closures, could hardly be counted as 'tech industry'. Then, the actual layoffs that they tabulated at bottom of article are all significantly less than predicted. I assume it's tied to their anti-H1B lobbying, but it's getting pathetic.
If only for the sake of managing the Overton window, it's good to see some counterpoint to the cries of "There's a terrible shortage of programmers [at the price point we want], we desperately need to increase [H1B quota, bootcamps, etc]!!!" that periodically bubble up from the Big Tech submarines.
Just a nitpick but I think you meant "disclosure" instead of "disclaimer". Disclaimer would be to signal you are not sure the job figures are accurate for example. Disclaimer: English isn't my first language.