French-German automotive supplier Forvia to cut 10,000 jobs
February 20, 2024
The French-German Automotive supplier Forvia plans to cut up to 10,000 jobs in Europe by 2028. That should improve the company’s competitiveness, Forvia says, and generate half a billion euros in yearly savings. Although the company, formed from the merger of Nanterre-based Faurecia and German Hella, has returned to profitability, it continues to carry heavy […]