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.