Klaus Rosenfeld, CEO of Schaeffler, discusses the the company's third-quarter results and job cuts. Theaters issue warning to fans heading to see Wicked I study and train mentally strong people ...

2,800 at its rival Schaeffler and 2,900 at Ford. The job cuts, which follow the threat of Volkswagen’s first ever closures of German plants, will loom large over an election that is taking place ...

Accurate factory digital twins played a key role in accelerating factory relocation to shorten supply chains, but also ...

The company's sites in Kysuce, Slovakia, and Brasov, Romania, are slated to take over production from other plants but will also experience job cuts. In Germany, Schaeffler's major sites are ...

Business in the automotive industry is weakening - including at supplier Bosch. Now the Bosch subsidiary Etas wants to cut ...

Continental will spin off its automotive group business by the end of 2025 as it focuses on its profitable tire and ContiTech ...

The Schaeffler Group is cutting 450 jobs in Berndorf. The jobs are moving to cheaper foreign countries. In August, the company was still reporting a "successful financial year".

More cost-effective company locations in Slovakia and Romania will take on production capacity, but they will also be affected by job cuts, Schaeffler added. Schaeffler said in early November that ...

Vitesco to pay 125 mln euros to Continental in dieselgate settlement German machine and car parts maker Schaeffler is to implement job cuts as part of its merger with German EV components maker ...

More cost-effective company locations in Slovakia and Romania will take on production capacity, but they will also be affected by job cuts, Schaeffler added. Schaeffler said in early November that it ...