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Audi plans to cut up to 9,500 jobs at its German factories for electric vehicle investment.
Audi plans to cut up to 9,500 jobs at its German factories for electric vehicle investment.

Audi plans to cut up to 9,500 jobs at its German factories by 2025 in order to save €6 billion for its investment in electric vehicle and digital technology, according to media reports. The job cuts accounts for 10.6% of Audi’s total staff.

The auto maker said the job cuts were part of its mission to “become lean and fit for the future”. It also emphasized that it would also hire up to 2,000 workers in move into electric vehicles.

Audi’s chief executive, Bram Schot, said the cuts would make Audi more agile and efficient. “This will increase productivity and sustainably strengthen the competitiveness of our German plants.”

Audi said in a statement that the company must become lean and fit for the future, which means that some job profiles will no longer be needed and new ones will be created. The works council, “shop-floor” organization representing workers) and the company’s management have agreed with the plan.

The cuts will take place along the demographic curve, in particular through employee turnover and a new, attractive early-retirement program. An equivalent percentage staff reduction will take place in management.

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