Audi to cut 7,500 jobs by 2029 as part of an effort to increase “productivity, speed, and flexibility” for its transition to ...

Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's ...

Audi says the layoffs, agreed by management and labour representatives, should save the carmaker 1 billion euros ($1.1 ...

Premium carmaker Audi said yesterday it will cut 7,500 jobs by 2029 in Germany, citing “immense challenges” as the country’s ...

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Audi is the latest Volkswagen Group brand to announce job cuts, though it has committed to investments in its German plants.

Layoffs affecting 7,500 workers over the next four years are focused on administrative and development roles and will not include factory workers, the automaker said.

As for the so-called job protection plan, Audi will invest around €8 ($8.7 / £6.7) billion into Germany through 2029. In ...

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It's also investing billions into its German facilities, with plans to build a new entry-level EV at its Ingolstadt plant.