Audi to cut almost 10,000 jobs by 2025
Audi is set to cut 9,500 jobs from its German production sites by 2025 as part of restructuring action to optimize production and guarantee a greater economy, flexibility and secure jobs, the company announced on Tuesday.
“The company must become lean and fit for the future, which means that some job profiles will no longer be needed and new ones will be created.”
The decisions relate in particular to the optimization of production capacities at the two German plants and socially responsible workforce adjustments while extending job guarantee up to the end of 2029.
Through these actions the company expects to save up to €6bn euros that will flow into future projects such as electrification and digitalization.
“With the Audi Transformation Plan, we have already anchored a successful program of measures. And with Audi.Zukunft, we are now also tackling structural issues in order to prepare Audi for the challenges ahead,” said Audi CEO Bram Schot in the press release.
The company and the Works Council have agreed on important new plans. “Both sides have proven that the focus is on responsibility for the future of the Four Rings and its employees,” said Schot.
“Audi.Zukunft secures our sustainable growth. In times of upheaval, we are making Audi more agile and more efficient. This will increase productivity and sustainably strengthen the competitiveness of our German plants.”
Peter Mosch, Chairman of the General Works Council of AUDI AG said : “We have reached an important milestone: The jobs of our core workforce are secure! The extension of the employment guarantee is a great success in difficult times. In addition, the upcoming electrification of the Ingolstadt and Neckarsulm plants underscores the long-term success of both German sites. Important for our co‑workers: The Audi profit sharing remains at its high level.”
Audi said it would be excluding terminations for operational reasons until December 31, 2029.
It also said that it “plans to create up to 2,000 new expert positions in areas such as electric mobility and digitalization. Those appointments will be made on the principle of internal before external candidates.”