Webasto Confirms 650 Job Cuts in Germany as Restructuring Intensifies

The auto supplier plans to complete workforce reductions by the end of 2025, with social measures in place to support affected employees.

Webasto will eliminate 650 jobs in Germany, nearly one-sixth of its domestic workforce, as part of its restructuring efforts.
The job cuts will primarily impact administration and development, with some adjustments to production capacities due to declining demand.
Affected employees will receive support through a social plan and a transfer company, offering up to 12 months of assistance for job searches.
The restructuring follows a €195 million loss in 2023 and €1.1 billion in debt, compounded by challenges in the automotive sector and reliance on the struggling Chinese market.
Leadership changes, including the recent appointment of CEO Jörg Buchheim, aim to guide the company through financial recovery and operational transformation.