(RTD News Update) Audi To Layoff 9,500 Staff As Part Of Strategic Plans

in #government • 4 years ago

audi.JPG

#Volkswagen AG (OTC: VLKAF) subsidiary #Audi AG has reached an agreement with its work #council to #layoff up to 9,500 #employees by 2025, the #company announced on Tuesday.

'Demographic Curve'

The cuts will mostly happen “along the demographic curve” – through #employee turnover or an early-#retirement programs.

Find out more here:

#currency #dollar #money #volkswagen #audi #council #layoff
4 years ago in #government by
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