Tuesday, March 25, 2025

Car giant needs to save money – laying off 8,000 people now

Czech Skoda is the latest in the Volkswagen Group to dig deep to find savings. 8,000 employees are to be laid off because of electric cars.

Skoda is carrying out a major reduction in its workforce, laying off 20 percent of all employees. According to the brand itself, this corresponds to just over 8,000 employees.

The decision has been made because Skoda still has more costs associated with building electric cars.

The automotive industry is currently experiencing significant upheaval, primarily driven by a political desire for the industry to build far more electric cars.

If it is to be successful, however, the car brands must also consider the fact that they earn far less per car. And Skoda is now taking the consequences of this, even though the brand has recently announced that it expects some kind of progress of as much as 8 percent in the course of 2024.

This is reported by Autonews .

CEO Klaus Zellmer has announced that the departures will be handled through natural attrition. However, the boss does not elaborate on how this will be done.

According to Klaus Zellmer, Skoda's competitiveness is based on low operating costs and a broad model range.

Despite the upcoming savings, the Czech VAG brand insists that even more models will be launched.

Zellmer also hinted that management is considering making the popular Octavia an electric car. However, it appears that Skoda has decided not to develop a standalone version of the VW ID.1 electric minicar.

A car that Boosted, as the first Danish media, could lift a little of the veil. At least when it comes to the price. Read more about it here .

Latest

Don't miss

Audi recalls flammable electric cars in Denmark

The battery pack in the Audi e-tron is now...

Audi wants 110,000 kroner for a new engine for an electric car

Initially, Audi wanted 110,000 Norwegian kroner for a new...

Hypocrisy? "Climate-conscious" Volkswagen flies on a day trip to Germany

Despite an otherwise purportedly very green profile, Volkswagen in...

Traffic offenses are 158 percent cheaper in Denmark

While the Danes have to hand over 2,500 kroner...

The world's cheapest Mercedes is going out of production

The cheapest Mercedes you can get today is the...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Volvo CEO believes more car brands will go bankrupt

It will be a fight for survival that the car brands are throwing themselves into. In fact, it is already underway, and several will...

Volvo drops another promise about electric cars: "We're not ready"

Volvo must now back down once again when it comes to electric car caps. In Australia, you can't only sell electric cars in 2026....

The collapse in Denmark – car brand has a deficit of 23 billion

Chinese Nio, which last year chose to fire its Danish CEO, wasted an awful lot of money in 2024. The accounts show a loss...

Environmental group sues Germany for allowing cars from the US

They don't belong here. They are too big and too polluting, says a German environmental group about pickup trucks from the US on German...

Elon Musk understands people don't like Tesla

In a speech to his employees, Elon Musk explained that he understands if people don't like the cars. At the same time, he urged...

Mazda stands firm: More new gasoline engines are on the way

Mazda insists that it will not focus exclusively on electric cars for the future. So now both four- and six-cylinder gasoline engines are on...

Audi wants 110,000 kroner for a new engine for an electric car

Initially, Audi wanted 110,000 Norwegian kroner for a new electric motor. It was only when the media got involved that most of the bill...

Paris passes car ban with 16-year-old vote

The city council in Paris let 16-year-olds vote when they wanted to ban cars in the city. Now the ban is a reality, even...

BYD is being investigated for state aid fraud

The EU is currently investigating whether Chinese carmaker BYD has received illegal state aid from China, money that the brand may have used to...

16-year-old Dane named best in Formula 1 academy

16-year-old Alba Larsen has been named the best rookie in Formula 1's F1 Academy, even though she finished just outside the podium in Shanghai....

Jeremy Clarkson mocks Elon Musk: "I won!"

Jeremy Clarkson fell out with Elon Musk 17 years ago, when he didn't mind criticizing Tesla on Top Gear. Now the Briton is rejoicing...

Demolition had begun – now the Volvo factory survives

The demolition of Volvo's former car factory in Born, the Netherlands, had actually begun. But it has now stopped because the factory can still...