German auto crisis deepens as supplier announces job cuts, site closures
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What happened
Parts suppliers such as Schaeffler play a crucial role in the automotive industry, providing components ranging from braking systems to in-car electronics. (EPA Images pic) FRANKFURT: German auto parts supplier Schaeffler said Tuesday that it planned to cut almost 3,500 jobs and close five sites in Europe as the crisis gripping the region's car industry deepens. (Free Malaysia Today, 16:50)
The reporting
1 report
Photo: Free Malaysia Today Free Malaysia Today·News·EN·3 Nov, 16:50 MYTGerman auto crisis deepens as supplier announces job cuts, site closures
Parts suppliers such as Schaeffler play a crucial role in the automotive industry, providing components ranging from braking systems to in-car electronics. (EPA Images pic) FRANKFURT: German auto parts supplier Schaeffler said Tuesday that it planned to cut almost 3,500 jobs…
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Timeline
- DetectedFirst detected (Free Malaysia Today) source
Where it started
How it spread
- Step 1News outletsFree Malaysia Today16:50
Internet reaction
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What we know
- Covered by 1 established outlet(s): Free Malaysia Today
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- Independent confirmation is missing; treat specifics as unverified
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