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Audi to Cut 7,500 Jobs in Germany, Factory Workers Unaffected
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Volkswagen Group's Audi plans to sack 7,500 jobs in Germany by 2029 to boost profitability. Audi stated on Monday that the layoffs represent about 14% of its German workforce but will not affect factory workers. The carmaker intends to invest approximately EUR8 billion (USD8.7 billion) in its German plants during this period. AAStocks Financial News |
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