Automotive industry: Supplier ZF Friedrichshafen has to save – economy

The world’s third largest auto supplier is increasing its sales, but has high debts. Company boss Holger Klein now wants to save six billion euros – with unpleasant consequences for the workforce.

There are no more cookies on Lake Constance. The employees at ZF Friedrichshafen have to look at the money and ask themselves questions like: Do we have to serve guests pastries or coffee? Should we order the new office equipment or will the old one still do? Is the business trip to the factory in the USA really necessary? Do the employees need this or that further training?

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