The Audi car manufacturer (part of the Volkswagen group) announced large -scale reductions: until 2025, about 9.5 thousand employees at two factories in Germany will fire. These are approximately 15% of all German employees and 10.6% of the total, writes Bloomberg.
Reductions should increase the company's profit by 6 billion euros, or $ 6.6 billion. Money is needed for large -scale restructuring, which will allow the company to move to the production of electric vehicles.
Approximately 50 thousand remaining employees in Germany guarantee maintenance of work until 2029.
In addition, Audi will create 2 thousand new workers. These people will develop electric vehicles and digital technologies.
Audi plans to launch five fully electric and seven hybrid car models for two years and expand the line of up to 30 electrified cars by 2025.
Today, Audi has 90 thousand employees around the world, of which 60 thousand work in Germany.