ZF Friedrichshafen Faces Major Job Cuts Amid Financial Crisis

The auto supplier plans to cut up to 14,000 jobs, with 1,800 positions at risk in Saarbrücken as it grapples with debt and industry challenges.

The ZF Friedrichshafen Betriebsrat demands clarity from the board on job cut plans before the year's end.
The company is heavily indebted, with annual interest payments exceeding half a billion euros.
ZF plans to cut 11,000 to 14,000 jobs, significantly impacting its German workforce, including 1,800 jobs in Saarbrücken by the end of 2025.
The auto supplier is struggling with the transition to electric vehicles and a substantial drop in orders.
Protests by 20,000 employees have not swayed the company's cost-cutting measures, with further actions expected.