Overview
- Bosch’s cost programs now total almost 15,000 job reductions worldwide, with many affecting its German supplier operations and shorter hours imposed for thousands of staff.
- Continental plans to list its auto-supplier arm as Aumovio on September 18 and is eliminating more than 10,000 positions as part of a broader overhaul.
- ZF expects another loss this year and will negotiate in the coming weeks over a revamp of its powertrain unit known as Division E, which is described as partly uncompetitive.
- Schaeffler is cutting 4,700 jobs in Europe, including 2,800 in Germany, even as its diversified portfolio helped it navigate the first half of 2025 with reduced sales but continued profit.
- Mahle shed about 600 jobs in Germany over the past year while pursuing a strategy centered on thermal management technologies, with a pact in place that rules out forced layoffs in Germany through 2025.