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Stabilus to Cut 450 Jobs in Global Overhaul as Profit Outlook Drops to €25 Million

Management blames weak demand, rising costs, tougher markets.

Overview

  • The supplier expects about €18 million in restructuring charges, reducing the consolidated result for the fiscal year ending in September to roughly €25 million versus prior estimates near €47 million.
  • Most reductions will hit EMEA and the Americas as Stabilus consolidates office and production capacity in Germany, the United States, Singapore and Thailand.
  • The company confirms Germany will be affected and does not rule out cuts at the Koblenz-Neuendorf headquarters, though the local impact remains unclear.
  • IG Metall and the works council call for transparency and full participation in the process and push for solutions without compulsory redundancies.
  • Stabilus employs roughly 7,800 people and generates about €1.3 billion in annual sales, with the move aligning with broader job cuts reported across Germany’s auto supply sector.