More
    HomeTechnologies15% are under threat: Audi looks to cut jobs due to falling profits

    15% are under threat: Audi looks to cut jobs due to falling profits

    Published on

    15% are under threat: Audi looks to cut jobs due to falling profits

    Audi's operating profit fell 91% to 106 million euros in the third quarter. The company is negotiating to cut 15% of indirect jobs, which will amount to about 4,500 positions in Germany.

    Audi's operating profit recently fell by more than 90 percent.

    Transmits UNN with reference to Spiegel.

    Audi confirmed that the management board is currently in talks with the works council to reduce the number of employees in so-called indirect jobs within the company, such as in development, where, according to the report, more than 2,000 jobs could be cut.

    The goal in the indirect area is a reduction of about 15 percent. According to figures in Germany, this would amount to around 4,500 jobs.

    Trump Media and Tesla shares rise after Trump's second election victoryNovember 6 2024, 01:17 PM • 24496 views

    Audi has reported a sharp decline in profits. It was a 91 percent drop, or 106 million euros, in the third quarter.

    The backdrop is a poor economy and restructuring; partly due to the high costs associated with the likely closure of the Brussels plant.

    Volkswagen records a significant drop in profitsOctober 30 2024, 08:58 AM • 14990 views

    Latest articles

    Ornstein: Tonali ‘supplied’ to Arsenal by agent as Andrea Berta talks over ‘participant of curiosity’ revealed

    Newcastle star Sandro Tonali was ‘supplied to Arsenal by his agent’ and has been...

    Milan-Cortina 2026: Ukraine has chosen each flag bearers for the Olympic opening ceremony

    Milan-Cortina 2026: Ukraine has chosen each flag bearers for the Olympic opening ceremony<p>Ukraine has...

    Dr. Copper Meets Bitcoin – When the Financial system’s Metallic and Crypto Transfer Collectively

    When Bitcoin plunged beneath $78,000 on January 30, 2026, it wasn’t alone. Copper, gold,...

    More like this

    Ornstein: Tonali ‘supplied’ to Arsenal by agent as Andrea Berta talks over ‘participant of curiosity’ revealed

    Newcastle star Sandro Tonali was ‘supplied to Arsenal by his agent’ and has been...

    Milan-Cortina 2026: Ukraine has chosen each flag bearers for the Olympic opening ceremony

    Milan-Cortina 2026: Ukraine has chosen each flag bearers for the Olympic opening ceremony<p>Ukraine has...