Skoda is preparing to reduce 20% of its 41,000 employees at a time when the brand’s goals within the VW Group point towards expanding the offering of electric vehicles and growing sales by 2025.
“Job positions will experience natural fluctuations”, stated Skoda’s CEO, Klaus Zimmler, to the German publication “Automobilwoche”, adding that the success of the Czech brand “is based on its wide range of models and relatively low fixed costs”.
This decision by Skoda comes at a time when the brand is strongly focused on expanding its 100% electric range, with the next fully electric model potentially being the Octavia, which will join a lineup that includes the Enyaq and the Enyaq Coupé, as well as the Elroq.
Skoda’s plans involve selling more than 1 million vehicles this year, an 8% increase compared to 2024, and to achieve this, the Mladá Boleslav brand will focus on growing sales in India and Vietnam to reduce its dependence on Europe.
India is the most promising growth market for Skoda, and the brand stated it will play a crucial role in the international expansion of the Czech company.
An important milestone for Skoda in India was the recent launch of the compact SUV Kylaq, which was developed and will be built in the country.
