Audi plans to cut 7,500 jobs in Germany due to 'tougher' economic conditions and 'political uncertainties'
Audi is planning to cut as many as 7,500 jobs in Germany by the year 2029 as it tries to improve its falling profitability. The automaker said in a statement on Monday, March 17, 2025, that this will mainly affect the company's plants in Ingolstadt and Neckarsulm and that medium-term savings of over one billion euros a year are the goal.
In its official statement, Audi stated that the layoffs are occurring because "the economic conditions are becoming increasingly tougher" and "competitive pressure and political uncertainties are presenting the company with immense challenges."
This comes at a time when European automakers are likely to be negatively impacted by US President Donald Trump's tariffs. Additionally, Audi's parent company, Volkswagen AG, is now experiencing financial strain, and CEO Oliver Blume is pushing for cost reductions throughout the company.