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Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn

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Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

The restructuring aims to reduce excess ‌capacity, lower personnel ​costs and simplify the ⁠organization

Key Takeaways

  • Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn.

The restructuring aims to reduce excess ‌capacity, lower personnel ​costs and simplify the ⁠organization

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Published originally on The Hindu Business Line

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