Overview

• The company confirmed it will keep the powertrain unit inside ZF and pursue an internal restructuring rather than a sale or carve‑out.
• The plan foresees about 7,600 positions being eliminated in Division E by 2030, with management and labor emphasizing a goal to avoid compulsory layoffs.
• ZF will stop developing on‑board chargers, DC‑DC converters and electric solid axles, refocusing on thermal management and the next‑generation 8HP hybrid transmission, and it will seek selective partnerships for industrialization.
• A cost package delays the April 2026 tariff raise to October, reduces weekly hours by roughly 7 percent at affected sites, and converts or drops some special payments to reach about €500 million in yearly savings by 2027.
• The company remains loss‑making with a €195 million first‑half 2025 net loss and about €10.5 billion in liabilities, and it has not clarified how the 7,600 cuts relate to the previously announced 11,000–14,000 reductions in Germany.