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Hyundai Mobis

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OPmobility is cutting 770 jobs but buying a lighting business. Where is automotive capital moving?

OPmobility SE is preparing to reduce around 770 positions across Germany and France as weaker European automotive production, delayed hydrogen investment and changing powertrain demand force another industrial adjustment. The restructuring comes with up to €130 million of charges and lower 2026 operating-margin expectations, making the workforce action part of a broader reset rather than a standalone cost programme.