Overview
- Positions will be reduced at the German sites in Stein near Nuremberg and Geroldsgrün, with low‑utilization production transferred to Brazil and Peru and some administrative roles trimmed.
- Management links the restructuring to global competition, US tariffs, weak consumer demand, and changing trade conditions.
- Freed capacity in Germany will be used to expand higher‑end product lines with distinctive features and new products.
- The company says reductions will be achieved through partial‑retirement and retirement schemes as well as natural attrition to avoid compulsory redundancies, with completion targeted by the end of fiscal year 2026/27.
- IG Metall rejects the scope of the cuts, with regional official Eva Wohlfahrt calling for alternatives and pledging to fight to minimize job losses as talks with works councils proceed.