Browsing Tag
Schaeffler AG
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.
Schaeffler targets 100 drones a day with Delair as XETR widens defence push
Discover how Schaeffler and Delair plan to produce 100 drones a day in France, and what the defence pivot could mean for XETR investors. Read more.