EconomySchaeffler to cut 3,460 jobs and eye defense as German auto industry faces fresh cuts
Schaeffler plans to close five plants across Europe as it seeks to compete with China on costs and shift toward defense and robotics.
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CNBC★★★☆☆2026-11-03 12:50Original
Schaeffler to cut 3,460 jobs and eye defense as German auto industry faces fresh cuts
Economy