Browsing Tag
Herzogenaurach
2 posts
Schaeffler planned 4,700 job cuts by 2029. Why will the programme now finish a year early?
Schaeffler AG has completed much of its German earnings-improvement programme earlier than planned and signed 1,768 additional partial-retirement agreements. The industrial group now expects the original 4,700-position restructuring to finish a year early while savings exceed the €290 million initially targeted for 2029.
adidas Q2 2026: ADS shares plunge 17% despite record €6.7bn in quarterly sales
adidas posted record €6.7bn Q2 sales and lifted FY26 revenue guidance, yet ADS shares fell 17% as a €924m World Cup marketing bill flagged H2 margin risk.