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Schaeffler Plans Job Cuts, Site Closures as Auto Demand Falters

Summary by Bloomberg
Schaeffler AG is set to close five sites in Europe and cut jobs as the supplier faces a persistent downturn in demand for auto components and high costs in Germany.

68 Articles

Center

The crisis in the German car industry has caused Schaeffler to take drastic measures. Thousands of jobs have been cancelled. In Germany, four plants are on the run.

·Hamburg, Germany
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nd-aktuell.dend-aktuell.de
+4 Reposted by 4 other sources
Left

Dortmund, Morbach, Berlin, Schwalbach: Schaeffler wants to close four German locations. Which plants and areas do the austerity course still meet?

·Berlin, Germany
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Right

The automotive supplier Schaeffler plans to reduce 3,460 jobs in Europe, of which 2,660 are in Germany. Four German locations are to be closed. The Group cites the ongoing crisis in the automotive industry as the reason.

·Berlin, Germany
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Lean Right

Auto supplier Schaeffler cuts 3460 jobs and closes four locations in Germany.

·Berlin, Germany
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More than 3000 jobs are to be dismantled in Europe. Furthermore, Schaeffler wants to close five locations in Europe.

·Zürich, Switzerland
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nn.de broke the news on Tuesday, November 3, 2026.
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