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

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 ...

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 ...

Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses ...

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 ...

German machine and car parts maker Schaeffler said on Nov. 5 it planned ... said on Aug. 1 it will cut hours and impose a job freeze for employees in its German business.

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 ...