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Erosion of the Auto Industry. Suppliers Are Paying the Price for the Crisis of European Automakers, Thousands of Jobs Are at Risk

Instead of a peaceful holiday, this August brought bad news to the roughly three hundred employees of the Pilsen-based company JTEKT. The car parts manufacturer announced layoffs as part of a large-scale restructuring. Almost half of the employees will lose their jobs at the factory, which has been operating for more than twenty years....
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Instead of a peaceful holiday, this August brought bad news to the roughly three hundred employees of the Pilsen-based company JTEKT. The car parts manufacturer announced layoffs as part of a large-scale restructuring. Almost half of the employees will lose their jobs at the factory, which has been operating for more than twenty years....

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Hospodářské Nnoviny (HN.cz) broke the news on Tuesday, September 8, 2026.
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