RICHTVXNEWS
Germany's car industry faces fresh cuts as Schaeffler axes 3,460 jobs and eyes defense
CNBC · ENGLEWOOD CLIFFS — Schaeffler will shutter five plants across Europe as it looks to compete with China on cost and pivot into defense and robotics.
- CODE
- RT-C4F1FA
- PUBLISHER
- CNBC
- TOPIC
- Business
- PUBLISHED
- 03 November 2026 · 12:50 UTC
- FIRST SEEN
- 03 November 2026 · 13:15 UTC
- ORIGINAL
- https://www.cnbc.com/2026/11/03/schaeffler-job-cuts-europe.html
- SHA-256
- c2675e8aa8b9166ea6a73dbd510be86726a590a5be317cc48150485499c2d43c
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