Audi to cut 9500 jobs to fund EVs

[Dave Hedgehog]

seams quite extreme, do they not have a large cash pot like VW?

https://www.bbc.co.uk/news/business-50563254

[Dave Hedgehog]

cardigankid said:

Sure, everyone's got billions to blow on EV gambles. I bet the people who will lose their jobs will be pleased.

you would think a large premium profitable car maker would have some cash reserves, VW has a huge amount