Schaeffler, a German automotive supplier, plans to cut 4,700 jobs across its European operations. The company announced this decision on November 5, in response to the challenging market environment ...

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Some positions will be relocated, lowering the overall net reductions to 3,700, or roughly 3.1 per cent of the company’s workforce. Schaeffler and other German parts makers have seen sales sag amid a ...

German machine and car parts maker Schaeffler said on Tuesday it planned to lay off 4,700 people in Europe after its operating profit almost halved in the third quarter, while also closing down two ...

German car parts maker Schaeffler announced Tuesday that it will cut 4,700 jobs in Europe, citing challenges in the automotive industry. "The decision comes in response to the challenging market ...

German auto parts manufacturer Schaeffler said it would cut thousands of jobs across Europe as part of a restructuring program aimed at boosting its competitiveness in a challenging market.

Some positions will be relocated, lowering the overall net reductions to 3,700, or roughly 3.1% of the company’s workforce. Schaeffler and other German parts makers have seen sales sag amid a downturn ...

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This article was originally written in German. While you're here: Every Tuesday, DW editors round up what is happening in German politics and society. You can sign up here for the weekly email ...

“We should stop buying German equipment now,” Goyal remarked, highlighting the urgency of the situation. Habeck, initially appearing unfamiliar with the specifics, asked, “They are producing ...

A breakup of the divided and unpopular coalition well before elections set for next September could leave the country directionless at a critical time for Europe. By Steven Erlanger and Christopher F.