Overview

• ZF is negotiating with IG Metall and the works council over potential cuts of up to 4,000 positions at its Schweinfurt site, according to BR reporting.
• The supplier carries reported debt of more than €10 billion, and leadership has been pushing cost programs following heavy losses in 2024.
• About 8,600 people work at ZF’s Schweinfurt plant, highlighting the significant local impact if large-scale reductions proceed.
• Schaeffler says agreements signed in July provide for roughly 590 job reductions in Schweinfurt, largely in administration and other indirect functions.
• Schaeffler will end production in Steinhagen by the end of 2026 and transfer it to Schweinfurt, creating more than 100 jobs there while Steinhagen employs around 200.