Company/Organisation:
Schaeffler
Geographic Location
Country:
Germany
Location of affected unit(s):
Herzogenaurach, Bühl, Homburg
Company
Sector:
Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed:
83000
Employment Effects
Announcement Date:
08-11-2022
Planned Job Reductions min:
1000
Planned Job Reductions max:
1000
Type of Restructuring:
Internal restructuring
Employment Effect Start:
08-11-2022
Foreseen End Date:
01-01-2026
Other Job Reduction Measures:
1000
Additional Information
As announced on 8. November, the German producer of automotive components, Schaeffler will be cutting 1,000 jobs in Germany until 2026 due to internal restructuring. The restructuring is part of a worldwide restructuring programme which will affect 1,300 people worldwide. It is the second major transformative restructuring since the reduction of 4,400 jobs in 2020. According to Schaeffler cuts are inevitable in order to keep up with the quick transformation towards e-mobility.
The reduction will be as socially acceptable as possible and is expected to hit Schaeffler’s plants in Herzogenaurach, Bühl and Homburg. Plant closures are not planned this time.
Currently, Schaeffler has 83,000 employees worldwide.
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