Schaeffler to Cut 3,460 Jobs Across Europe - AutonoumNews
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Schaeffler to Cut 3,460 Jobs Across Europe

German automotive supplier Schaeffler plans to eliminate 3,460 positions across Europe as it responds to rising costs and a deepening crisis in the automotive sector. About 2,660 of the affected positions are in Germany. The company restructuring to deliver annual savings of approximately €300 million from 2030. When Will Schaeffler’s 🚘