The automaker said in a statement Monday that it would slash up to 7,500 jobs at its German sites by 2029 as part of a broader plan, agreed with employee representatives, to cut costs and help ...

Audi, works council agree cost-saving package Measures to reduce costs by 1 bln eur a year in medium-term Total planned layoffs across VW Group just under 48,000 "We had to make compromises ...

Audi announced on Monday that it will cut 7,500 jobs in Germany, citing "immense challenges" as the country's auto industry battles slowing demand for electric vehicles and rising competition from ...

[Stay on top of transportation news: Get TTNews in your inbox.] Volkswagen AG’s Audi plans to cut as many as 7,500 positions in Germany by 2029 as the automaker tries to shore up its flagging ...

Audi said it will cut 7,500 jobs by 2029 following discussions with the works council as it looks to improve its future competitiveness. The luxury car manufacturer--which is part of the ...

Audi has announced plans to eliminate 7,500 jobs in Germany by 2029. The company also aims to reduce bureaucracy and lower personnel costs. The brand appears to be abandoning their EV-only push as ...

Volkswagen AG’s Audi plans to cut as many as 7,500 positions in Germany by 2029 as the automaker tries to shore up its flagging profitability. The reductions — which correspond to roughly 14% ...

Google announced a deal Tuesday to buy rapidly growing cybersecurity firm Wiz for $32 billion. It would be the tech giant’s biggest-ever acquisition. The all-cash takeover of privately held Wiz ...

China joined the EU and US in rolling out new regulation to control disinformation by requiring labeling of synthetic content online. The Cyberspace Administration of China together with three ...

BERLIN, March 17 (Xinhua) -- German luxury automaker Audi announced on Monday that it will slash 7,500 jobs in Germany by 2029, adding to a growing wave of layoffs across the country's auto ...