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Audi announces 9,500 job cuts in Germany by 2025

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Audi announced on Tuesday that it will extinguish 9,500 jobs in Germany by 2025 as part of a 9 billion euro program in cuts by 2029.

The goal will be mainly achieved through retirements and voluntary dismissals, said the brand that is part of the Volkswagen Group.

The economy, says the company, will allow "increase competitiveness" in the context of "transformation of the automotive industry towards electric mobility."

Volkswagen had already advanced in March that it would cut vacancies in the group to reverse profit fall and accelerate launch of electric vehicles, and that the focus would be the brands Audi and Volkswagen. The plan to launch is almost 70 new type models by 2028.

In addition to the German group, giants Ford and General Motors announced cuts. GM will close factories and lay off workers in North America.

At the end of October, Ford closed at the São Bernardo do Campo (SP) plant, the oldest automaker in Brazil. With it, it ended truck production in South America, which the company justified as "an important milestone in the return to sustainable profitability of its operations" in the region.

The automaker is also making cuts in Europe and, according to Reuters, laying off workers in China.

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