Volkswagen's Audi to cut 7,500 jobs in administration, development by 2029

Audi is cutting 7,500 jobs amid auto industry struggles

Many Audi employees will soon be looking elsewhere for employment.

Automaker Audi wants to cut 7,500 jobs in Germany. For example, the large Neckarsulm production site is set up for the future.

They call it a "future agreement", the Audi bosses and the entire works councils. In fact, it's a strike list, a thousand-fold job destruction program at Ingolstädter Autobauer.

We have been familiar with decisions from the automotive industry, which aim to face the controversial period that the market is going through. This time, the news comes from Audi, which will cut up to 7500 jobs in Germany by...

Audi to cut 7,500 jobs as Germany’s auto industry struggles

Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector.

German auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown

Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's auto industry battles slowing electric vehicle demand and rising Chinese competition. The cuts -- amounting to about eight percent of Audi's global workforce -- were aimed at boosting "productivity, speed and flexibility" at its factories in its home market, the manufacturer said. "The economic conditions are becoming increas…