EMCC European Monitoring Centre on Change

ZF Friedrichshafen

Company/Organisation:
ZF Friedrichshafen

Geographic Location

Country: World
Location of affected unit(s): Germany, World

Company

Sector: Manufacturing
Manufacture of transport equipment
29.32 - Manufacture of other parts and accessories for motor vehicles
Number Employed: 72600

Employment Effects

Announcement Date: 30-04-2014
Type of Restructuring: Business expansion
Employment Effect Start: 01-05-2014
Foreseen End Date: 31-12-2014
Planned Job Creation: 2000

Additional Information

ZF Friedrichshafen, one of the main German automotive suppliers, announced its plans to create 2,000 new jobs worldwide in 2014. 500 of the new jobs will be created in Germany, whilst the remaining 1,500 will be spread in its locations worldwide.

ZF Friedrichshafen operates in 26 countries, 19 of which in Europe. The company currently employs about 72,600 people around the world; of these, 41,900 are based at its locations in Germany. In 2013, the company increased its workforce by 6% creating 4,200 new jobs in 2013, 2,000 of which in Germany alone. The ERM has previously reported on other cases of global job creation by ZF Friedrichshafen in 2007, when 3,000 new jobs were created around Europe, and in 2011, where 4,500 new positions were created worldwide.