Automotive Supplier Schaeffler Announces European Plant Closures and Job Cuts Centered in Berlin and North Rhine-Westphalia
Automotive supplier Schaeffler plans to eliminate approximately three thousand four hundred and sixty jobs and close five facilities across Europe as part of sweeping restructuring measures. The closure announcements affect manufacturing plants in Berlin, Dortmund, Morbach, and Schwalbach, highlighting the ongoing crisis facing Germany's automotive supply sector amid the transition to electric mobility.