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		</div><p>Volkswagen is to shed 30,000 jobs to cut costs as it tries to recover from its diesel emissions scandal.</p>
<p>Company officials said at a news conference at headquarters in Wolfsburg, Germany, that 23,000 of the job cuts will come in Germany.</p>
<p>It said the measures will save some €3.7bn a year from 2020 and enable it to invest more in electric-powered vehicles and digital services.</p>
<p>Volkswagen has agreed to pay $15bn under a settlement with US authorities and owners of some 500,000 vehicles with software that turned off emissions controls.</p>
<p>Around 11 million cars worldwide have the deceptive software.</p>
<p>The company has said it aims to cut non-essential costs and investments and shift investment toward battery-powered cars and services such as car-sharing and ride-sharing.</p>
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