Until the end of 2028 - ZF supplier eliminates every fourth position in Germany
Supplier ZF Friedrichshafen plans to reduce up to 14,000 jobs in Germany by 2028. Sites will be consolidated or restructured. This will affect not only production but also administration and development, as the company announced on Friday in Friedrichshafen.
Supplier ZF talks about restructuring
Between 11,000 and 14,000 of the total 54,000 jobs in Germany could be eliminated – as socially responsible as possible, with early retirement and severance programs. "A special focus of the restructuring, given the high competition and cost pressure and the weak market development for electric drive technologies, is on the Division Electrified Powertrain Technologies," ZF explained.
More information in brief.
ZF Friedrichshafen, based in Friedrichshafen, has announced significant job reductions of up to 14,000 positions within its German operations by 2028. This restructuring will impact various departments, including production, administration, and development, as stated during the announcement held in Friedrichshafen, Germany.
