Overview
- Company and the TE Connectivity Gesamtbetriebsrat reached an Interessenausgleich that confirms the Speyer production site will close after multi-month negotiations.
- The agreement, announced Wednesday, is reported to affect about 630 employees with roughly 140 positions to remain in engineering and administration.
- Speyer’s mayor called the decision a bitter blow and the city’s economic development chief has demanded clear plans for the future of the remaining workforce.
- The closure follows a separate recent announcement by filter maker Mann+Hummel to wind down production in Speyer that reportedly affects about 600 workers, increasing local job and supply-chain risk.
- An Interessenausgleich is a negotiated works-council agreement that sets terms for shutdowns and social protections but does not prevent closures, and reporting says the process may stretch to the timetable TE outlined in May.