Reuters
19 May 2026, 10:43 UTC · 2d ago
Source · https://www.reuters.com/business/autos-transportation/germanys-zf-keep-electric-motor-production-in-house-with-fewer-staff-2026-05-19/
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ZF will implement hundreds of additional job cuts to secure competitiveness. — Further layoffs indicate ongoing operational struggles and cost pressures within the automotive supply chain.
-0.40ZF has decided to keep the production of electric motors in-house. — Maintaining internal production shows a commitment to EV transition, though it carries higher capital risk than outsourcing.
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The company is announcing further job cuts to maintain competitiveness.
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