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Audi to slash 9,500 jobs in Germany by 2025: statement

The job cuts will be achieved through an early retirement programme, the company said, adding that it would continue to hire in areas such as electromobility and digitisation.

Audi India sales on reverse gear, down 18% to 6,463 units in 2018

AFP | PTI Frankfurt Am Main

German carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025, as part of a massive restructuring plan to save billions by 2029.

The job cuts will be achieved through an early retirement programme, the company said, adding that it would continue to hire in areas such as electromobility and digitisation.

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First Published: Nov 26 2019 | 6:35 PM IST

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