Overview

• ZF is in talks with IG Metall and the works council over reductions at its Schweinfurt site that the works council estimates could reach 3,000 to 4,000 jobs, with final numbers not yet set.
• The company’s push to cut costs is linked to heavy liabilities reported at more than €10 billion and a challenging market environment.
• About 8,600 people work for ZF in Schweinfurt, underscoring the potential local impact of the proposed cuts.
• Schaeffler says a site package signed in July will eliminate roughly 590 positions in Schweinfurt, mainly in administration and other indirect functions, from a local workforce of around 5,100.
• Schaeffler will end production in Steinhagen by the end of 2026 and transfer it to Schweinfurt, a move the company says will create more than 100 jobs in Schweinfurt while Steinhagen currently employs about 200 people.