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November 2019

Audi plans 9,500 job cuts to save £ 5 billion for electric car investment | Automobile industry

2019-11-26
By: Herb D. Nieves
On: November 26, 2019
In: Car investment

Audi must cut up to 9,500 jobs at its German factories by 2025 in order to save € 6 billion (£ 5.1 billion) from investing in electric cars and digital technology. The luxury automaker, which is part of Volkswagen, said the job cuts were part of its mission to “getRead More →

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