Around 390 jobs will be cut in Germany over the next two years, the company. — Bloomberg
BERLIN: German battery maker Varta AG will cut about 800 jobs as part of a cost-saving programme in response to higher raw material costs and weaker demand.
Around 390 jobs will be cut in Germany over the next two years, the company said on Tuesday. More than 400 positions will be removed due to the end of fixed-term contracts and downsizing at international locations.
