Audi to slash 9,500 jobs in Germany by 2025

FRANKFURT: 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 Volkswagen’s luxury car unit Audi said, adding that it would continue to hire in areas such as electromobility and digitization.

Audi declined to comment.

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