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✉news TechnologyRobotics first seen 3 d ago, last 3 d ago, peak #14

Schaeffler Cuts 3,460 Jobs While Betting on Robotics

Original: Auto Supplier Schaeffler Cuts 3,460 Jobs, Bets on Robots

German auto supplier Schaeffler is cutting 3,460 jobs as part of a restructuring aimed at shifting the company toward robotics and automation. The move highlights the pressure on traditional auto-parts makers as combustion-engine demand declines and the industry pivots to new technologies. The plan is drawing attention because the same company cutting workers is investing in robots.

Why now: The irony of job cuts paired with a robotics push, amid broader pressure on the German auto supply industry, is fueling discussion.

SchaefflerGermanyautomotive industry

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