The automotive supplier Schaeffler is cutting 1,300 of its almost 83,000 jobs worldwide. The jobs are to be cut by 2026, 1,000 of them in Germany alone. The reason for this is the transformation of vehicle drives towards electromobility, according to a statement from the group. One wants to reduce costs with this step and make internal processes “as lean as possible”. Schaeffler had already announced that 4,400 jobs would be cut in 2020. Plant closures are not planned this time. The Herzogenaurach, Bühl and Homburg sites are particularly affected by the cancellations. Three quarters of the jobs that would be lost would come from the areas of research and development of parts for combustion engines or from central functions.
Automotive supplier – Schaeffler cuts jobs – economy
