Audi will dismiss 7 thousand 500 people by 2029! – Cyprus Newspaper

Audi announced that it will go to employment deduction in areas such as management and development in Germany until 2029.

Automobile manufacturer Volkswagen Group (VW) luxury car brand Audi'den said in a statement, economic conditions are becoming increasingly difficult, competition pressure and political uncertainties faced the company faced with great difficulties, said that up to 7 thousand 500 people will be dismissed.

7 thousand 500 people will be dismissed

In order to ensure that the facilities in Germany are ready and competitive to the future, the Audi Board of Directors and the Business Council negotiated a common agreement for the “future” and the Council and the Council reached an agreement on the reduction of up to 7,500 employment in indirect areas with social responsibility awareness by 2029.

The agreement aims to reduce the annual cost of personnel of 1 billion euros. Audi will invest in a total of 8 billion euros in Germany facilities in Germany in the next 4 years.

In addition, for employees under collective agreements, additional payments will be re -adjusted to reduce labor costs.

Meanwhile, Audi also announced that the Occupational Safety Guarantee Agreement in Germany was extended until the end of 2033.

Dispection of AUDI and Factory Closing

Since 2019, Audi fired about 9,500 people in production and significantly reduced the capacity in two factories.

The German luxury car manufacturer is negatively affected by the weakened demand for electric cars. The company decided to close its factory in Brussels.

In December 2024, 35,000 people launched a cost -reducing program in Audi's mother's home company Volkswagen.