Tag #Job Losses

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gr.euronews.com

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Nov 6, 13:04

Job Cuts Hit European Retail and Auto Sectors

Major job cuts announced by French grocery chain Auchan and German auto parts maker Schaeffler reflect challenges in retail and automotive sectors.

Job Cuts Hit European Retail and Auto Sectors

Major job cuts announced by French grocery chain Auchan and German auto parts maker Schaeffler reflect challenges in retail and automotive sectors.

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How many jobs is Schaeffler planning to cut, and why?

Schaeffler, a German automotive parts manufacturer, plans to cut 4,700 jobs across Europe, primarily in Germany, due to lower European car production and weakness in various industrial sectors.

sueddeutsche.de

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Nov 5, 13:15

Schaeffler Announces Major Job Cuts

Schaeffler to cut 4700 jobs in Europe to improve profitability, despite strong recent financial performance.

Schaeffler Announces Major Job Cuts

Schaeffler to cut 4700 jobs in Europe to improve profitability, despite strong recent financial performance.

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What is the primary financial goal of Schaeffler's restructuring plan?

The restructuring, costing \u20ac580 million, aims to achieve cost synergies from the recent Vitesco Technologies acquisition and improve the performance of its warehouse and industrial business.

Showing 121 to 122 of 122 results