Audi to Cut 7,500 Jobs in Germany by 2029

The automaker plans to reduce its workforce while committing to no layoffs until 2033 and investing in electric vehicle production.

Audi has announced plans to cut 7,500 jobs in Germany by the end of 2029, focusing on non-production roles.
The company and labor representatives agreed to extend a no-layoff guarantee until the end of 2033, beyond the previous 2029 deadline.
Audi aims to save over €1 billion annually through workforce reductions and other financial adjustments.
The automaker will invest €8 billion in German facilities to support its transition to electric mobility and ensure future competitiveness.
Employee profit-sharing will be restructured, with reductions planned for several years, while certain roles will be insourced to retain 1,000 positions.