Schaeffler Plans 1,300 Job Cuts in Germany Through Early Retirement

Schaeffler AG intends to reduce its German workforce by 1,300 jobs using an expanded phased-retirement program, as weak automotive demand continues to impact the supplier.

5 Aug, 07:00 — 5 Aug, 07:00

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bloombergHigh11d ago

Schaeffler Targets 1,300 Job Cuts With Early Pension Push

Schaeffler AG plans to cut its German workforce through an expanded phased-retirement program as weak automotive demand continues to pressure the supplier.

By Marilen Martin

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Schaeffler Plans 1,300 Job Cuts in Germany Through Early Retirement

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Schaeffler Targets 1,300 Job Cuts With Early Pension Push

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