Automotive supplier ZF to cut 14.000 jobs in domestic workforce
July 29, 2024
German automotive supplier ZF Friedrichshafen AG will cut 11 to 14,000 jobs from its current domestic workforce of 54,000 by 2028 “to respond to the changes in the mobility sector, particularly in electromobility.” That will be “difficult but necessary,” ZF CEO Holger Klein said in a statement last week. In the future, its German locations […]