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Industry: Schaeffler cuts thousands of jobs in Germany

The supplier is reacting to the car crisis. The program is supposed to cut costs by 300 million euros per year. Schaeffler CEO Rosenfeld is also demanding concessions from the workforce.

Translated from German Read in German

Industry: Schaeffler cuts thousands of jobs in Germany

We haven't written up this one. Handelsblatt has the full story — the link below goes straight to it.

Read the original at handelsblatt.com →

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