Audi plans to cut “thousands” of non-production jobs as the German automaker’s profits fall in the three quarters of 2024. Manager magazine reported this.
Author:
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According to the publication, the cuts will focus on indirect jobs and will also affect the development sector, from which more than 2,000 employees could be laid off.
Overall, Audi plans to cut around 15% of its staff; In Germany alone, the cuts will affect about 4.5 thousand jobs, the magazine writes.
Audi confirmed to Manager Magazin that the automaker’s management is negotiating with the works council, but did not specify the number of employees who plan to be laid off.
Previously, the German automaker published a financial report showing that during the first nine months of 2024, Audi’s operating profit more than halved to €2.1 billion, down from €4.6 billion. of the same period in 2023.
The German Volkswagen is also going through difficulties. In late October, the carmaker’s works council president, Daniela Cavallo, said the company would close at least three factories in Germany and lay off “tens of thousands” of employees amid falling demand for cars. manufacturer cars in China and Europe. .
Author:
Bogdan Muzychenko
Source: RB

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