EMCC European Monitoring Centre on Change

Mahle

Company/Organisation:
Mahle

Geographic Location

Country: World

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed: 77000

Employment Effects

Announcement Date: 16-09-2020
Planned Job Reductions min: 7600
Type of Restructuring: Internal restructuring
Employment Effect Start: 16-09-2020

Additional Information

On 16 September 2020, the German automotive supplier Mahle announced that it will cut 7,600 jobs worldwide. In Europe, the programme will affect 3,700 positions, including 2,000 jobs in Germany. There is no detailed information how many jobs are at risk on other continents. Mahle is to initiate negotiations with the local trade unions and works councils to implement socially responsible redundancy programmes.

The company is going to implement a cost-saving and restructuring programme due to the COVID-19 pandemic which hit the automotive industry and caused a slowdown in the international markets and a drop in demand for automotive products and services. Mahle’s management does not expect the automotive industry to return to pre-crisis levels for several years. However, despite economic pressures, the company remains focus on technological transformation.

Currently, Mahle employs 77,000 staff in more than 30 countries worldwide. The company specialises in the production of automotive components, including piston systems, cylinders, air and liquid management systems and valvetrains.

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