Memphis Daily News Chandler Reports Nashville Ledger
» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 43 | NO. 47 | Friday, November 22, 2019

German automaker Audi to cut 9,500 jobs by 2025

Print | Front Page | Email this story

BERLIN (AP) — Volkswagen subsidiary Audi says it's cutting 9,500 jobs in Germany through 2025 as part of a transformation plan to make the company "lean and sustainable."

The Ingolstadt-based automaker said Tuesday that at the same time, it expects to add 2,000 new positions for a net job loss of 7,500 jobs.

Audi currently employs some 90,000 people around the world, including 60,000 in Germany and has been struggling to keep up with domestic rivals BMW and Daimler in recent years.

Some of its cars have also been part of the diesel emissions cheating scandal, which has centered on parent company Volkswagen.

Part of Audi's plan includes ensuring that new electric cars will be built at its plants in Ingolstadt and Neckarsulm in Germany.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0