Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector. The companies cited a challenging ...

Staff reduction schemes at the world's biggest car parts supplier have put 8,000-10,000 jobs at risk in Germany, its deputy ...

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 ...

plant closures and job cuts are on the cards. IG Metall is mobilizing against this with warning strikes. At Ford in Germany, 2,900 jobs are to be cut by 2027. Suppliers ZF, Continental and Schaeffler ...

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 ...