Audi, part of the Volkswagen Group, has announced plans to reduce its workforce by up to 7,500 jobs by the end of 2029 as part of efforts to save over 1 billion euros annually. The decision, following months of negotiations with the works council, is aimed at improving the company’s efficiency and agility amid economic pressures, reads a DW report.
The company originally proposed eliminating 12,000 jobs, but after extensive discussions, a final agreement was reached to cut fewer positions. Gernot Dollner, Audi's management board chairperson, emphasized the need for the company to become faster and more efficient, though he reassured employees that there would be no layoffs for operational reasons until 2033.
In addition to the job cuts, Audi is committing to invest 8 billion euros in its German sites, specifically in Ingolstadt and Neckarsulm, to ensure they are well-positioned for the shift toward electric mobility.
Bd-pratidin English/ Jisan
