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Audi Cuts 7,500 Jobs, Shifts Focus to EVs

3/18/2025

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Summary

Story summary

Audi will reduce its workforce by 7,500 jobs in Germany by 2029, equating to 8% of its global staff.
The cuts will target administrative and non-production positions, with no layoffs until 2033.
The company aims to save over €1 billion ($1.1 billion) while investing €8 billion ($8.8 billion) in electric vehicle production.
Audi will maintain its strategy of developing both internal combustion engines and EVs due to slow adoption rates.

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Story summary

Audi will reduce its workforce by 7,500 jobs in Germany by 2029, equating to 8% of its global staff.
The cuts will target administrative and non-production positions, with no layoffs until 2033.
The company aims to save over €1 billion ($1.1 billion) while investing €8 billion ($8.8 billion) in electric vehicle production.
Audi will maintain its strategy of developing both internal combustion engines and EVs due to slow adoption rates.