Audi to Cut 7,500 Jobs in Germany by 2029 as Part of Cost-Saving Plan

The automaker will invest €8 billion in EV production while extending job security guarantees to 2033.

Audi's job cuts will focus on administrative and development roles, reducing its workforce by about 8% globally.
The company aims to save €1 billion annually through these measures while maintaining a socially responsible approach without compulsory redundancies.
Audi plans to invest €8 billion in its German sites, including Ingolstadt and Neckarsulm, to support its transition to electric vehicles.
The automaker faces challenges from slowing EV demand, increased competition from Chinese manufacturers, and geopolitical uncertainties.
Audi's 2024 global EV deliveries dropped 8%, contributing to a 12% decline in total vehicle deliveries to 1.7 million units.