Heidelberger Druckmaschinen to Cut 450 Jobs in Cost-Saving Plan

The German printing machine manufacturer aims to save €100 million over three years while guaranteeing 3,500 jobs at its largest site until 2028.

Heidelberger Druckmaschinen plans to reduce its workforce by 450 employees at its Wiesloch-Walldorf site, representing over 10% of the location's staff.
The job cuts are part of a broader agreement with IG Metall and the works council to enhance cost efficiency and competitiveness.
The company anticipates saving €100 million in personnel costs over the next three years, enabling further investments in its operations.
Remaining 3,500 jobs at the Wiesloch-Walldorf site are guaranteed until the end of 2028 under the agreement.
Heidelberger Druck aims to pivot towards growth in digital and packaging printing, with a focus on expanding its presence in Asian markets.