The car supplier Brose plans to cut 950 positions. These must be found among the company's high-paid employees, i.a. because the factory is not operating at full capacity.
The German sub-supplier to the car industry, Brose, which, among other things, develops mechatronic units, lays off 950 positions as part of a larger savings plan.
This is what Brose's chairman of the board, Michael Stoschek, says in an interview with the Frankfurter Allgemeine Zeitung.
Stoschek explained that the many positions must be found in the administrative part of the company's operations, and that it is primarily about highly paid employees who must look around for something new to do.
The background for this decision, says the chairman of the board, is the need for efficiencies. In the interview, Stoschek says that Brose needs to reduce hierarchies and increase the distribution of responsibilities with fewer managers.
Something that Brose hopes will help the company through the economic challenges that the German car industry in particular is facing.
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According to the chairman of the board, this is a matter of necessity which had to be taken regardless of the time. The company's communications staff have since confirmed the chairman's interpretation of the situation.
This is what BR.de writes.
A spokesman said on Tuesday that the 950 positions will be cut globally by the end of 2025. How the cuts will be distributed between Brose's international and national divisions in Germany is yet to be seen.
The trade union IG Metall has for a long time had the cutbacks, which are now publicly known, linked to an already ongoing cutback at Brose.
According to information from a fashion in the summer of 2024, up to 240 positions at the company's branch in the city of Bamberg alone are expected to disappear. The union hopes that the reductions can be implemented "as socially responsible as possible" through voluntary resignations and pension schemes.
Other German branches, such as those in Coburg and Würzburg, are also expected to be affected by cuts.
IG Metall Bamberg fears that international locations will also experience similar cuts. However, the exact extent of the cuts has not yet been clarified. At least these are not published.
Michael Stoschek, who previously resigned from day-to-day management, is now back at the helm as chairman of the board and has once again taken over full responsibility for the company's direction. Brose, which is family-owned, has 32,000 employees and most recently achieved a turnover of almost eight billion euros.
The family-owned giant is not the only corner of the German car industry in serious trouble. Volkswagen believes that the first factory closures in the country may be necessary. And also German ZF must find a whopping DKK 44 billion in savings. Read more about it here .
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