2023 Author: Eric Donovan | [email protected]. Last modified: 2023-08-25 09:36
At the auto supplier Schaeffler, up to 4,500 employees have to fear for their jobs. The company wants to avoid layoffs as much as possible.
The ailing auto supplier Schaeffler wants to save around 250 million euros in personnel costs in Germany. This corresponds to a reduction of 4500 jobs nationwide, the company announced on Wednesday in Herzogenaurach. However, the company wants to try other measures to reduce personnel costs in Germany, according to a company release.
Low sales expectations
Plans include partial retirement, voluntary termination agreements, the continued use of short-time work and a reduction in working hours. In the case of "cost adjustments", redundancies should be avoided.
The company reacted to the decline in sales as a result of the economic crisis since late autumn of last year and to the lower sales expectations for the coming years. In the first quarter of 2009, the automotive division recorded a decline in business of 33 percent compared to the previous year; this has now stabilized at a 25 percent lower level. (dpa)
According to a current study, the German auto industry has massive overcapacities due to the corona crisis. That will cost thousands of jobs
According to a recent study, thousands of jobs will be lost in the German auto industry in the coming years. The reason lies in the relocation of the
In the Ford engine plant in Cologne, more than 700 employees have to fear for their jobs. The automaker is currently examining whether parts of the production of
The VW subsidiary Skoda is one of the winners of the scrapping bonus. But after the end of the state subsidy program, up to 2500 workers will have to move
In view of the massive slump in sales, the automotive supplier Schaeffler wants to cut 5,000 jobs in Germany. Worldwide there is even a risk of 8,000 being lost