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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