Roundup: German automotive suppliers consider massive job cuts


  • World
  • Wednesday, 24 Jan 2024

FRANKFURT, Jan. 23 (Xinhua) -- Tens of thousands of jobs are set to be axed in the German automotive industry, as suppliers grapple with electrification.

ZF, one of Germany's largest car suppliers, may have to cut at least 12,000 jobs -- around a quarter of its workforce in the country -- in the coming years. 10,000 of these jobs could go by 2028.

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