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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 ...

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Schaeffler and other German parts makers have seen sales sag amid a downturn in the car industry that has forced Volkswagen, ...

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 ...

He enjoyed working on his John Deere tractors and equipment ... he worked part-time for German-Bliss Implement, delivering parts to farmers and other customers. He loved farming and loved to ...

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 ...

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 ...