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Audi to cut 7,500 German jobs by 2029 in ?1bn annual savings drive

NAMPA / DPA
2025-03-17
Munich (dpa) - Audi will cut 7,500 jobs in Germany by the end of 2029, the carmaker and the works council announced on Monday, following extensive negotiations. Together with other financial cuts for employees, the move aims to save the German luxury car manufacturer more than ?1 billion ($1.09 billion) per year in the medium term. The company, which is owned by Germany's Volkswagen Group, and the works council had long wrangled over the savings......
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URGENT: Audi to cut 7,500 jobs in Germany by 2029
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