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[Audi To Cut 7,500 Jobs By 2029 Amidst EV Transition] Audi, Owned By Volkswagen, Announced Plans To Cut Approximately 7,500 Jobs, About 8% Of Its Workforce, By 2029 To Save €1 Billion Annually And Fund Its Transition To Electric Vehicles. The Cuts, Primarily In Administration And Development, Will Occur Through Attrition And Will Impact Its Ingolstadt And Neckarsulm Manufacturing Sites In Germany. This Decision Comes As Audi's EV Deliveries Fell 8% In 2024 To 164,000 Vehicles, And Follows The Closure Of A Belgian EV Plant Employing 3,000.
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