Overview

• Schaeffler will shut down its Homburg MedTech plant, eliminating 200 jobs as part of a post-merger restructuring strategy.
• A social plan agreed with the works council ensures no forced redundancies and facilitates employee transfers to other Schaeffler sites until the end of 2028.
• Approximately 40 positions will be retained as some MedTech production shifts to the Automotive sector in Homburg.
• The closure process is scheduled to be completed by April 2026, with Schaeffler maintaining around 1,700 jobs in Homburg for motor elements and bearings production.
• The move reflects ongoing challenges in the German auto-supplier industry, including declining demand for traditional components, EV transition costs, and financial pressures from the Vitesco merger.