Home Latest News The company “Audi” will lay off 4,500 employees

The company “Audi” will lay off 4,500 employees

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The company “Audi” will lay off 4,500 employees

The car company Audi plans to cut 4,500 jobs due to a sharp drop in sales.

Oku.Az “Reuters” reported about it.

The publication reports that the Audi company (owned by Volkswagen – ed.) is experiencing financial difficulties and is considering cutting 15% of its workforce to reduce costs. “

It should be noted that Audi’s core profit fell by 91%, from 1.2 billion euros in the third quarter of last year to 106 million euros for the same period in 2024. Sales in several markets, including Germany and the United States, have dropped, as has demand for Audi cars. Among Volkswagen subsidiaries, only the Lamborghini brand maintained stable sales; the biggest drop was seen in Bentley: 35%.

Currently, the management of “Audi” is negotiating with workers’ representatives to find a way out of the current situation.

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