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drivesncontrols.com
19m
Schaeffler axes 4,700 jobs and acts to bolster industrial earnings
The German-headquartered bearings-maker Schaeffler has announced a series of moves designed to bolster its financial position which has been badly affected by the downturn in the automotive sector, as ...
abp LIVE
55m
Schaeffler Layoffs: Firm To Fire 4,700 Employees In THIS Region
According to the report, Schaeffler's cost-cutting measures, which aim to save around 290 million euros annually by 2029, ...
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