Audi reduces 7,500 jobs by 2029 - is the future in danger?

Audi reduces 7,500 jobs by 2029 - is the future in danger?

The renowned German car manufacturer Audi will take drastic measures by the end of 2029 and reduce a total of 7,500 jobs to react to the falling sales figures and increasing costs. These statements were announced at the first company meeting in Ingolstadt, where Audi boss Gernot Döllner explained that the necessary personnel adjustments were inevitable to set up the company more agile and efficient. This decision follows an agreed pact between the company and the works council, which guarantees the security of employment by 2033, which means that operating terminations are excluded, such as the FAZ reported.

background and measures

The company plans to reduce the positions in the indirect area, which primarily affects administration and technical development. Works council chief Jörg Schlagbauer emphasized that despite hard negotiations, many of the corporate claims were averted. At the same time, a future fund with a volume of 250 million euros was set up, which should also support new technologies and training programs. These steps are necessary because Audi, like the parent company Volkswagen, suffers from the weakening demand for electric cars and was faced with production bottlenecks in the past.

In order to expand the financial scope, adjustments are also provided for over -tariff and variable payments for tariff employees. The total saving could be over one billion euros a year in the medium term, which is necessary to increase the profit margin. Döllner is striving for Audi to reach double -digit margins again by the end of the decade, while sales in the past financial year have already declined by twelve percent to 1.67 million vehicles. These drastic cuts reflect the entire misery of the Volkswagen subsidiary, which is fighting for their market position, as is from the current reports of the