Audi cuts 9,500 German jobs to fund EV investment

Audi has concluded a fundamental agreement with its Works Council on economic and forward-looking realignment within the framework of Audi.Zukunft. The decisions are about optimisation of production capabilities at two German plants( Ingolstadt and Neckarsulm) and” socially responsible workforce adjustments” while run occupation guarantees up to the end of 2029.

Audi says that it must become lean and fit for the future, which means that some undertaking profiles will no longer be needed and brand-new ones will be created. The corporation and uniting have agreed to cut up to 9,500 positions until 2025, and this will take place along the demographic arc- including with regard to through employee turnover and a what’s described as a new, attractive early-retirement programme.

An equivalent percentage of staff reduction will take place in management. However, Ingolstadt will continue to recruit in the coming years and plans to create up to 2,000 brand-new expert positions in areas such as electric mobility and digitalisation. Those appointments will be made on the principles contained in internal before external candidates.

The premium carmaker says that it will continue to train young people in key areas of the future, and that the number of apprentices and student trainees at the two German locates will remain at a systematically high level over the next three years.

” With the Audi Transformation Plan, we have already fastened a successful program of measures. And with Audi.Zukunft, we currently also tackling structural issues in order to prepare Audi for current challenges ahead ,” says Audi CEO Bram Schot.

” Both backs have proven that the focus is on responsibility for the future of the Four Rings and its employees. Audi.Zukunft procures our sustainable development issues. In times of turbulence, we are attaining Audi more agile and more effective. This will increase productivity and sustainably strengthen the competitiveness of our German flowers ,” he added.

The six billion euros generated from this move” will secure the strategic targeted return hallway of 9 to 11% and will flow into future programmes such as electrification and digitalisation ,” Audi said.

A key component of the bargain is to allow the economic and future-proof utilisation of make capabilities. Annual plant ability will therefore be planned in Ingolstadt for 450,000 motor vehicles and in Neckarsulm for 225,000 vehicles. A long-term future view is guaranteed by the electric simulates to be set up at both plants in the future.

The Ingolstadt site is currently preparing for the production of premium EVs. In Neckarsulm, the sexy all-electric Audi e-tron GT will already drive off the assembly line as of 2020. The other production line will likewise be gradually equipped for electric mobility.” The decisions taken together with the employees are an important and fearless pace for the long-term competitiveness and profitability of the Four Rings ,” adds Schot.

The post Audi slice 9,500 German occupations to fund EV investment seemed first on Paul Tan’s Automotive News.

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