BREAKING NEWS

Audi to cut 9,500 jobs by 2025 - source

Audi to cut 9,500 jobs by 2025 - source
FILE PHOTO: An Audi logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy -
Copyright
PIERRE ALBOUY(Reuters)
Text size Aa Aa

HAMBURG, Germany (Reuters) – Volkswagen’s <VOWG_p.DE> luxury car unit Audi <NSUG.DE> is planning to cut 9,500 jobs by 2025, a person close to the matter said.

Audi declined to comment. But earlier on Tuesday, an Audi spokesman had said that talks with labour representatives on cutting costs were making progress.

(Reporting by Jan Schwartz; Writing by Arno Schuetze; Editing by Kathrin Jones and Michelle Martin)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.