BERLIN (Reuters) -ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and ...

A fierce automotive price war in China is also eating into industry margins. Major German automotive supplier ZF Friedrichshafen said Wednesday it will cut 7,600 jobs by 2030, as the crisis gripping ...

ZF to cut 7,600 jobs in electrified powertrain unit by 2030 Agreement includes early retirement and severance packages to avoid forced redundancies Weekly working hours to be reduced by 7% through ...

I guarantee that appliances in your home kitchen will be entirely or partially made in Germany. Take cookers… if you fry sunny-side eggs on a Neff, AEG or Miele hob, then your cooker is made in ...

Viva Artists Agency talent and former “Born to Be a Star” contender Mico Hendrix Chua will be interpreting the character of boy-next-door Adie in the screen-to-stage adaptation of “Bagets.” The role ...

ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and labour union IG Metall ...

Investing.com -- German auto supplier ZF Friedrichshafen will eliminate approximately 7,600 jobs in its electrified powertrain technology division by 2030 as part of a restructuring agreement reached ...

Exclusive: Foxconn bid for stake in unit of Germany's ZF Group stalls, documents show Foxconn's two-year pursuit of a stake in a unit of German auto supplier ZF Group stalled last month due to a ...

The feared spin-off of the electric drive division at the struggling automotive supplier ZF is off the table. The company and employee representatives have agreed on a package of measures to save ...