Bulletin Updates

German auto company consolidates sites impacting jobs – 3 Apr 2024

Apr 03, 2024

By 2025, the consolidation will entail the sale of redundant facilities, the elimination of 2,300 automotive industry employment, a reduction in R&D investment, and an annual cost savings of EUR 400 million through administrative restructuring

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »