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Motor1
Motor1
Business
Anthony Alaniz

Audi Is Laying Off 7,500 People

The cuts keep coming. Audi has announced that it will lay off 7,500 employees by 2029 with the intent of increasing the speed, productivity, and flexibility of its Ingolstadt and Neckarsulm facilities. The automaker says the move will achieve more than €1 billion ($1.1 billion at today's exchange rate) in annual savings.

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