Audi Hungaria's managing director, Thomas Faustmann, confirmed the report but insisted the automaker won't cut any jobs this year at the aforementioned facility but will strive to reduce production as much as possible.
More importantly, Audi also decided to convert the annual pay increases into extra days off, Autonews added, which helps the company reduce production and save additional costs at the same time.
Audi yesterday announced its 2008 financial results, unveiling a profit before tax of 3,177 million euros, with 1,003,469 vehicles delivered during the whole year. While praising the company's financial results in a very difficult environment, Axel Strotbek, Member of the Board of Management for Finance and Organization at Audi AG, admitted 2009 is going to be a very difficult year but said that the automaker will continue to counteract the recession in every single area.
“We will continue in 2009 to invest heavily in new products, future-proof technologies and growth markets,” said Strotbek. “We will counter the negative impacts of shrinking sales caused by the global economic crisis through consistent spending and investment discipline, and continuous process optimization."
In addition, Audi once again underlined its efforts to preserve jobs as the company managed to maintain its workforce in 2008 and even add new staff in several regions around the world.
"The market may be in crisis, but Audi is not. We are using short-time working to protect the jobs of our core workforce. And we stand by the ‘Audi’s Future’ agreement, which rules out any redundancies before 2011,” Dr. Werner Widuckel, Member of the Board of Management for Human Resources at Audi AG stated.
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