Overview

• Webasto will eliminate 650 positions in Germany by the end of 2025, impacting nearly one-sixth of its domestic workforce.
• Job cuts will target administration and development, with adjustments to production capacities to address declining demand.
• Affected sites include Stockdorf, Gilching, Hengersberg, Neubrandenburg, and Utting, with details on specific impacts yet to be disclosed.
• The restructuring includes a social plan and a transfer company to assist employees for up to 12 months in finding new employment.
• The move follows a €195 million loss in 2023 and a leadership change, with new CEO Jörg Buchheim spearheading efforts to stabilize the company amid broader industry challenges.