Business

Audi Announces Major Workforce Reduction: 7,500 Jobs to Be Cut by 2029

Audi's Strategic Workforce Reduction

In a bold move to streamline operations and enhance efficiency, Audi, the luxury division of Volkswagen, has unveiled plans to eliminate 7,500 positions in Germany by the year 2029. This decision is a critical component of a comprehensive strategy aimed at achieving annual savings of €1 billion.

Focus on Future-Ready Team Structure

The job cuts will predominantly affect administrative and development roles, aligning with Audi's objective to adapt its workforce to future industry demands. Xavier Ros, a member of the Board of Management for Human Resources, emphasized the company's commitment to a socially responsible and gradual approach to these changes. Audi is engaging in dialogues with its employees and working closely with employee representatives to ensure a smooth transition.

Part of a Broader Volkswagen Group Restructuring

This initiative is part of a larger restructuring effort across the Volkswagen Group, which includes significant job reductions at VW, Porsche, and the software unit Cariad. The collective aim is to position the group for sustainable growth and competitiveness in the evolving automotive landscape.